News

B.C. deficit grows

Expected revenues to the B.C. government fell by $303 million in the second quarter of the fiscal year, due mainly to instability around the world, Finance Minister Kevin Falcon said recently.

 

The drop in revenues will make it more difficult to meet the government’s target of balancing the budget by 2013. Falcon said he will wait until January, when the finance ministry has to finalize its next budget, to see if that target can still be met.

 

 

We encourage an open exchange of ideas on this story's topic, but we ask you to follow our guidelines for respecting community standards. Personal attacks, inappropriate language, and off-topic comments may be removed, and comment privileges revoked, per our Terms of Use. Please see our FAQ if you have questions or concerns about using Facebook to comment.

You might like ...

A Green Party in Parksville
 
Downtown Parksville merchants having some fun this holiday season
 
Errington man battling BC Hydro
Slash commissions local luthier
 
Victoria financial institutions bank on United Way
 
Victoria Royals unable to hold off Kelowna Rockets
After the vote: Newly elected councillors respond
 
ELECTION 2014: New city council pushes teamwork
 
Red Nose offers Nanaimo drivers safe ride home

Community Events, November 2014

Add an Event


Read the latest eEdition

Browse the print edition page by page, including stories and ads.

Nov 20 edition online now. Browse the archives.