Finance Minister Mike de Jong said he's disappointed with the slow job growth in B.C.

B.C. surplus won’t sweeten teacher offer

Forest fires costly this year, but tax and natural gas revenue have recovered to help boost surplus forecast to $266 million

VICTORIA – The B.C. government has increased its projected surplus for the year to $266 million, up $87 million from the July budget estimate.

Finance Minister Mike de Jong said taxation and natural resource revenue are running ahead of projections, based on results of the first quarter of the fiscal year. That was offset by unexpected costs for flood control this spring and a forest fire season expected to be one of the costliest on record at $350 million.

The budget surplus is enough to provide a a pay increase and other improvements to striking teachers, but what the union is currently asking for amounts to $315 million more than the government is offering, this year and every subsequent year, the finance ministry calculates.

De Jong said giving in to the B.C. Teachers’ Federation demands, including their proposal for class size and special needs support, would equate to an increase of $140 a year for the average personal income tax, or 4.8 cents per litre in gasoline tax.

Increasing the government’s offer or gambling on the results of binding arbitration would have a ripple effect on other public service unions, both those who settled for less and those who still have to reach agreements under the government’s bargaining mandate, he said.

NDP critic Carole James said arbitration in the teacher case isn’t “opening the flood gates.

“In fact binding arbitration when the parties are close, will take a look at the pattern of settlements, will take a look at the money that’s on the table, will take a look at the two parties, and resolve this,” James said.

 

Just Posted

Parksville roundtable highlights need for affordable housing, recreation

Mayor Ed Mayne held facilitated event in January to hear visions for city, council

Second delivery of building units for 222 Corfield in Parksville arrives March 21

Vehicles should expect intermittent single-lane alternating traffic

Public input sought on proposed cannabis retail store in Coombs

Application to be reviewed by Regional District of Nanaimo

Two nature-inspired artists display oil paintings at Qualicum gallery

Judy Maxwell and Lloyd Major depict scenes of wildlife, landscapes and the west coast

Five highlights in the 2019 federal budget

Latest budget includes a sprinkling of money for voters across a wide spectrum

Cougar on Island might have been shot with bow-and-arrow

Conservation officer service looking for animal near Port Alice

Facebook to overhaul ad targeting to prevent discrimination

The company is also paying about $5 million to cover plaintiffs’ legal fees and other costs

B.C. mosque part of open-house effort launched in wake of New Zealand shootings

The ‘Visit a Mosque’ campaign aims to combat Islamophobia

‘That’s a load of crap’: Dog poop conspiracy spreads in White Rock

Allegation picked up steam through a Facebook page run by a city councillor

Explosives unit brought in after suspicious boxes left at B.C. RCMP detachment

Nanaimo RCMP issues all clear after packages were found on lawn earlier in the day

2019 BUDGET: As deficit grows, feds spend on job retraining, home incentives

Stronger economy last year delivered unexpected revenue bump of an extra $27.8 billion over six years

Newfoundland man caught after posting photo of himself drinking and driving

The 19-year-old took a photo of himself holding a beer bottle and cigarette while at the wheel

Carfentanil found in 15% of overdose deaths in January: B.C. coroner

Carfentanil is 100 times more powerful than illicit fentanyl and used to tranquilize elephants

Most Read