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B.C. posts $704-million budget surplus for 2022-2023, say audited public accounts

  • The audited public accounts of British Columbia show a surplus of over $700 million in the 2022-2023 budget year, with the province's economy growing by 3.6%.
  • Finance Minister Katrine Conroy highlighted the reduction of the province's debt to $89.4 billion and the elimination of operating debt.
  • Additional spending was allocated to cost-of-living supports, housing initiatives, and the shared recovery mandate for public workers.
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Chek news broke the news in Victoria, Canada on Wednesday, August 30, 2023.
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