Source Feed: The Globe and Mail
Author: Chuck Chiang
Publication Date: December 17, 2024 - 16:33
B.C.’s projected deficit grows again to $9.4-billion in latest fiscal update
December 17, 2024
British Columbia’s forecasted record deficit for this fiscal year has grown by another $429 million, reaching $9.4 billion.The province unveiled the latest quarterly update, the first under new Finance Minister Brenda Bailey, showing B.C.’s debt level to reach $130 billion by the fiscal year’s end, which is $1.4 billion higher than September’s projections.
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