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The British Columbia government says the final accounting for the budget year ending in March shows a deficit of $7.7 billion, more than three billion lower than forecast. The latest fiscal update from Finance Minister Brenda Bailey on Monday says the deficit was $3.3 billion below the estimate for fiscal year 2025-2026 because of higher revenues and lower spending on capital projects. The government forecasted a deficit $10.9 billion when it released the 2025-2026 budget, but it says spending on hospitals, schools and post-secondary facilities dropped by around $4 billion due to “project scheduling changes.” The affected projects accounted for about 25 per…
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Rainier Pearl-Styles and Nicholas Chieffo in Jeff and Grungled KNOW FRILLS, Holy Scoundrels Theatre. Photo supplied By Liz Nicholls, .ca This…
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