British Columbia’s Descent into Debt

British Columbia’s Descent into Debt

Less than a decade ago, the public finances of British Columba’s provincial government were amongst the soundest in Canada.Since then, much has changed. Following the election in 2017, the provincial government substantially increased spending, began to regularly run budget deficits, and oversaw a rapid expansion in public debt. British Columbia’s debt burden is now approaching that of more highly indebted provinces.British Columbia's Descent in…