British Columbia’s finance minister is promising to stay the course in her next budget to be tabled Tuesday in the legislature, while also monitoring potential storm clouds looming over the economy. Finance Minister Carole James releases the provincial public accounts report during a press conference at the press gallery at B.C. Legislature in Victoria, Thursday, July 18, 2019. THE CANADIAN PRESS/Chad Hipolito

No dramatic shifts expected as B.C. government tables new budget today

Finance Minister Carole James has promised to stay the course when she tables the budget in the legislature

The British Columbia government is expected to stick to its focus on affordability as it unveils its next budget today amid increasingly difficult economic conditions.

Since coming to power more than two years ago, the NDP has made controlling costs for families, with a focus on housing in particular, a hallmark of its economic policies.

Finance Minister Carole James has promised to stay the course when she tables the budget in the legislature.

But she also warned in her last fiscal update that economic growth is slowing, making it a more challenging year.

James says balancing the budget means making difficult decisions and the government has also been bogged down by the costly crisis at the Insurance Corp. of B.C.

The public auto insurer has lost $2.5 billion over the past two years and James says she’s frustrated that some of the funds used to stem the losses could have gone toward programs and services.

“I don’t think any finance minister would say building a budget is easy. There are always more priorities than there are resources for,” James said.

The Canadian Press


Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

VIDEO: Vernon Girls Trumpet Band holds street concert for self-isolating seniors

Residents of The Hamlets at Vernon were treated to a concert from a safe distance Saturday afternoon

North Okanagan district updates list of sandbagging stations

Severe weather over the weekend has communities bracing for potential flooding

Severe thunderstorm watch in effect for Okanagan, Shuswap

Environment Canada is forecasting strong wind gusts, large hail and heavy downpours in parts of the Interior

North Okanagan farmers’ markets excited to welcome artisans back amid COVID-19

Provincial health officer announced non-food items to return to markets this weekend

WorkSafe BC conducted 70 inspections in the Okanagan amid B.C.’s reopening plan

WorkSafe BC has conducted 100 inspections at restaurants across the province since May 19

11 new COVID-19 cases in B.C. as top doc urges caution amid ‘encouraging’ low rates

Dr. Bonnie Henry also announced that two care home outbreaks would be declared over

District offers safety tips after cougar spotted near Lake Country school

The animal was seen on a walking trail near Peter Greer Elementary Saturday morning

Surrey mayor’s party under fire for ‘sickening’ tweet accusing northern B.C. RCMP of murder

Mayor Doug McCallum says tweet, Facebook post ‘sent out by unauthorized person’

Father’s Day Walk Run for prostate cancer will be virtual event this year throughout B.C.

The annual fundraiser for Prostate Cancer Foundation BC has brought in $2.5 million since 1999

Similkameen winery co-owned by Dr. Bonnie Henry

B.C.’s provincial health officer is part of the original ownership group of Clos du Soleil in Keremeos

Shuswap man reported missing by RCMP has been found unharmed

Salmon Arm resident apologizes for having caused anyone concern

Emergency crews rush youth to hospital after quadding accident in West Kelowna

West Kelowna Fire Rescue’s new off-road vehicle was used in the rescue

Dr. Bonnie Henry announces official ban on overnight kids’ camps this summer

New ban comes after talking with other provincial health officials across the country, Henry says

Senior man in hospital after unprovoked wolf attack near Prince Rupert

Conservation officers are on site looking for the wolf

Most Read