B.C. government lowers deficit projection to $11.2-billion | Unpublished
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Source Feed: The Globe and Mail
Publication Date: November 27, 2025 - 19:51

B.C. government lowers deficit projection to $11.2-billion

November 27, 2025

The British Columbia government says it’s now projecting an $11.2-billion deficit this fiscal year, still a record but down from a projected $11.6-billion in its last quarterly report. 

The Ministry of Finance revealed in its second quarterly report released Thursday that the province is projecting revenues to be $512-million more than previously forecast due to higher corporate and personal income taxes. 



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