British Columbia's Finance Minister reveals a $5.035B deficit for the 2023-24 fiscal year.

British Columbia's Finance Minister, Katrine Conroy, has revealed a $5.035B deficit for the 2023-24 fiscal year, lower than the $5.9B forecast in the last quarter but higher than the $4.2B expected when the 2023 budget was tabled. The government prioritizes front-line services such as healthcare and affordable housing and taxpayer-supported capital projects like schools, hospitals, and housing. The deficit is expected to rise to $7.9B in the current fiscal year.

August 22, 2024
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