Holiday Sale | Save 50%
SubscribeLogin
Holiday Sale | Save 50%
Published

B.C.'s projected deficit grows again to $9.4 billion in latest fiscal update

  • British Columbia's projected deficit for 2024-2025 has increased to $9.4 billion, up by $429 million from the previous estimate of $8.9 billion.
  • The Finance Minister, Katrine Bailey, stated that lower revenues and higher spending by health authorities contributed to the deficit rise.
  • B.C.’s debt is expected to reach $130 billion by the end of the fiscal year, $1.4 billion higher than previously projected.
  • Bailey affirmed that the government aims to make 'smart, targeted investments' rather than cut services, with $2.9 billion in new investments planned until 2027.
Insights by Ground AI
Does this summary seem wrong?
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 75% of the sources lean Left
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)

Similar News Topics

Canadian EconomyCanadian Economy
BusinessBusiness
FinanceFinance
British Columbia PoliticsBritish Columbia Politics
EconomyEconomy
PoliticsPolitics
Canadian PoliticsCanadian Politics
Trending Topics
App Store IconPlay Store Icon
CompanyAboutHistoryMissionBlogTestimonialsGroup SubscriptionsSubscribeGiftFree TrialCareersAffiliates
HelpHelp CenterFAQContact UsFor Educators/LibrariesMedia Bias RatingsOwnership and Factuality RatingsReferral CodeNews SourcesTopics
ToolsAppBrowser ExtensionDaily NewsletterBlindspot Report NewsletterBurst Your Bubble NewsletterTimelines
DonatePrivacy PolicyManage CookiesTerms and Conditions
© 2024 Snapwise Inc
News
For You
Search
BlindspotLocal