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B.C. budget eyes staffing but finance minister says no big service cuts or tax hikes

British Columbia’s 2026 budget aims to reduce the $11.2 billion deficit year over year while maintaining key investments in health, education, and public safety, officials said.

  • On Tuesday, B.C. Finance Minister Brenda Bailey presented Budget 2026, saying it will protect core services including health care and education while confronting a projected $11.2 billion deficit.
  • Rising debt — more than doubled and projected to top $155 billion — underpins the budget's restraint, along with public-sector labour costs near 60 per cent, about $53 billion.
  • Bailey highlighted staffing restraints, noting attrition and a hiring freeze as the provincial public service shrank by over 1,500 since 2024, and said a contingency fund exists for unexpected needs.
  • Bailey said contingencies or education budget adjustments could aid Tumbler Ridge, while Conservative finance critic Peter Milobar demanded accountability, saying `When the government is previewing cuts and new difficulties for families in the upcoming budget, it’s a question that must be asked.'
  • With an A-plus credit rating and a negative outlook, B.C. officials say the months-long efficiency review has yielded little, while public-sector wage agreements and a 3-per-cent increase add more than $150,000 annually.
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21 Articles

The Hamilton SpectatorThe Hamilton Spectator
+10 Reposted by 10 other sources
Lean Left

Health, education, public safety to be protected in B.C. budget, Minister Bailey says

VICTORIA - British Columbia's finance minister describes the government's budget being unveiled today as disciplined, focused and serious.

·Hamilton, Canada
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Lean Left

A few days before the B.C. budget was tabled, the provincial Minister of Finance plans to gradually reduce the deficit

·Montreal, Canada
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Global News broke the news in Toronto, Canada on Sunday, February 15, 2026.
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