Opinion: The revised budget outlook for this year was discouraging — a mere 0.4 per cent, down from an earlier projection of 2.9 per cent.
So said this week’s speech from the throne, adding a cautionary note to the otherwise upbeat tone of the David Eby government’s messaging.Sign up to know what's really happening by reading daily editorials and commentary by British Columbia's opinion leadersBy clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter.
“We’re entering this period of slower growth and challenging global economic times in a strong position to continue supporting people, because B.C.’s economy grew more than most last year,” said Robinson. But just as Robinson’s time was running out as minister of finance — Premier David Eby replaced her on Dec. 7 — so were the days numbered for the budget surplus she left behind.Article content
Since the finance ministry makes it a practice to peg its own growth forecast a bit lower than that of the council, there is every reason to expect that it will predict zero growth or close to it for 2023. “By growing our health-care workforce to cut wait times and give more people access to a family doctor.“By giving record support to cities and regions, rural and urban, that have grown quickly.”Article content
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