The latest update on our province’s finances shows the deficit continues to rise.
The projected shortfall for the current fiscal year is now 9.4-billion dollars….up from the 8.9-billion in the last quarterly update in September.
Finance Minister Brenda Bailey says B-C will see “modest” economic growth over the next two years.
But she warns that there’s great uncertainty, including the threat of incoming U-S President Donald Trump’s tariffs.
Trump has threatened to impose a 25 per cent tariff on all Canadian imports until we can stem the flow of fentanyl and illegal immigrants.
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