November 14th, 2024

CP NewsAlert: B.C. budget boosts health and housing, forecasting return to deficits

By The Canadian Press on February 28, 2023.

B.C. Finance Minister Katrine Conroy speaks during a news conference as students enjoy a hot lunch at Ruth King Elementary in Langford, B.C., Monday, Feb. 27, 2023. THE CANADIAN PRESS/Chad Hipolito

VICTORIA – British Columbia Finance Minister Katrine Conroy has tabled a budget that forecasts deficits totalling $11 billion over the next three years, in contrast to this year’s hefty surplus.

Big-ticket expenditures include almost $6.4 billion in new health funding, about $1 billion for mental health and addictions services and housing gets an additional $4.2 billion.

More coming.

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