91ÂãÁÄÊÓƵ

Skip to content

B.C.91ÂãÁÄÊÓƵ™s strong economy, inflation concerns part of fiscal picture, minister says

Selina Robinson set to present province91ÂãÁÄÊÓƵ™s quarterly budget
31123584_web1_20221004151056-633c909a1d0f2cf4a8d82256jpeg
Finance Minister Selina Robinson speaks during a press conference at Goudy Field in Langford, B.C., on Wednesday, Sept. 7, 2022. THE CANADIAN PRESS/Chad Hipolito

British Columbia91ÂãÁÄÊÓƵ™s strong economic performance will be a major part of today91ÂãÁÄÊÓƵ™s fiscal update, but the finance minister says she91ÂãÁÄÊÓƵ™ll also issue cautions about inflation pressures and rising interest rates.

Selina Robinson says the numbers she presents as part of the province91ÂãÁÄÊÓƵ™s quarterly budget update will show an economy continuing to grow despite the ongoing COVID-19 pandemic.

The minister91ÂãÁÄÊÓƵ™s last update in September forecasted a budget surplus for the current fiscal year of $706 million.

Robinson91ÂãÁÄÊÓƵ™s update comes a week after the swearing-in of new Premier David Eby, who has already made several spending announcements adding up to more than $1 billion.

Eby promised to spend millions for more RCMP officers, initiated a public safety campaign and has arranged a $100 credit for residents on their electricity bill from the Crown utility.

The premier has said the B.C. economy is doing well and the province91ÂãÁÄÊÓƵ™s budget can cover the cost of his latest plans.





(or

91ÂãÁÄÊÓƵ

) document.head.appendChild(flippScript); window.flippxp = window.flippxp || {run: []}; window.flippxp.run.push(function() { window.flippxp.registerSlot("#flipp-ux-slot-ssdaw212", "Black Press Media Standard", 1281409, [312035]); }); }