B.C. ended fiscal year with $5-billion deficit, as wildfires, lower revenue bite into budget | Unpublished
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Source Feed: The Globe and Mail
Publication Date: August 22, 2024 - 16:24

B.C. ended fiscal year with $5-billion deficit, as wildfires, lower revenue bite into budget

August 22, 2024
British Columbia has ended the fiscal year with a deficit of about $5 billion, some $900 million lower than the most recent forecast, but higher than last year’s budget had called for.The last official look at the province’s finances before the October election says higher revenues from vehicle insurer ICBC were offset by lower revenues from natural resources.


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