During the restraint period, per-person spending increased by $44 per year compared to $401 from 2016/17 to 2019/20.
bc government spending
The provincial budget forecasts a large increase in debt over the next few years relative to the size of the economy.
The province's net debt increased in 2021/22 by $2.6 billion to reach $55.8 billion.
Debt as a share of the provincial economy could reach up to 19.8 per cent this year.
The provincial budget projected that net debt would grow to $48.9 billion in 2020/21.
CIBC predicts the province's unemployment rate will rise to 9.7 per cent.