The B.C. government is projecting a record-high $7.9 billion deficit next fiscal year, as the NDP prepares for a fall election by emphasizing the need to maintain spending in the midst of high inflation and a slowed global economy.
“Some look at the challenges ahead and say government should respond with deep cuts, leaving people to fend for themselves,” said Finance Minister Katrine Conroy in her budget presentation to the legislature in Victoria on Thursday.
“This would only weaken the services we all rely on.”
The projected deficit for 2024-25 comes on the heels of a $5.9 billion deficit projected for 2023-24. Deficits
