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.