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

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

The volume of visitors to White Rock’s Marine Drive over the weekend has led council to consider special measures this week. (Aaron Hinks photo)
White Rock council rejects resident-only parking for waterfront

Other health and safety measures to be considered in a special meeting Wednesday

South Surrey’s Paul Cottrell, who works with the DFO, tows a grey whale out of Semiahmoo Bay Sunday. (Contributed photo)
Dead whale floating near White Rock towed to shore for necropsy

Animal has been dead since at least April 15

Vehicles line up for the Greater Vancouver Drive-Thru Food Truck Festival at the Chilliwack Coliseum parking lot on March 27. The touring event comes to Cloverdale this weekend, April 24-25 (Photo: Jenna Hauck/Chilliwack Progress)
Here are the food trucks coming to Cloverdale for a drive-thru festival this weekend

Nine trucks will be parked Saturday, nine Sunday during event at fairgrounds

Pharmacist Barbara Violo arranges all the empty vials of the Oxford-AstraZeneca COVID-19 vaccines that she has provided to customers at the Junction Chemist which is a independent pharmacy during the COVID-19 pandemic in Toronto, on Monday, April 19, 2021. THE CANADIAN PRESS/Nathan Denette
Parts of Surrey, North Delta to get AstraZeneca vaccines for people ages 40+

A total of seven communities in Surrey and Delta will be targeted

The Braidwood Band performs for the seniors at Zion Park Manor in Surrey, as part of a music program planned by Rick’s Heart Foundation. (submitted photo)
VIDEO: Surrey charity brings distanced concerts to care homes, with prop pink firetruck

Familiar tunes performed for seniors during pandemic-era ‘Heart for Music’ program

In this image from NASA, NASA’s experimental Mars helicopter Ingenuity lands on the surface of Mars Monday, April 19, 2021. The little 4-pound helicopter rose from the dusty red surface into the thin Martian air Monday, achieving the first powered, controlled flight on another planet. (NASA via AP)
VIDEO: NASA’s Mars helicopter takes flight, 1st for another planet

The $85 million helicopter demo was considered high risk, yet high reward

Dr. Bonnie Henry gives her daily media briefing regarding Covid-19 for the province of British Columbia in Victoria, B.C, Monday, December 7, 2020. THE CANADIAN PRESS/Jonathan Hayward
Toddler marks youngest British Columbian to die related to COVID-19

Child one of eight people to die from virus this weekend

Families of two of three workers killed in a train derailment near Field, B.C., in 2019 have filed lawsuits accusing Canadian Pacific of gross negligence. The derailment sent 99 grain cars and two locomotives off the tracks. THE CANADIAN PRESS/Jeff McIntosh
Families of workers killed in Field train derailment allege negligence in lawsuit

Lawsuits allege the workers weren’t provided a safe work environment

(New Westminster Police)
4 youth arrested after 30-person brawl in New Westminster leaves 1 seriously injured

Police are looking for witnesses who saw the incident take place

Sunday’s storm rocked one of the ferries crossing Kootenay Lake. Photo: Dirk Jonker
VIDEO: Storm makes for wild ferry ride across Kootenay Lake

The video was captured by ferry employee Dirk Jonker

Chakalaka Bar & Grill remains open in defiance of orders from Island Health to close. (Cole Schisler photo)
B.C. health authority seeks injunction against restaurant defying COVID-19 orders

Chakalaka Bar and Grill plans to continue serving customers without public health compliance

The Abbotsford Centre has the ability to host AHL level games if the Vancouver Canucks or any other NHL team chose to move its affiliate to the arena. (File photo)
Abbotsford Centre ready for AHL if right opportunity presents itself

Building recently upgraded glass and boards, schedule would allow for AHL tenant

A defeat Sunday in Kamloops tied up the Giants and Blazers for the most wins this season. Each team has notched seven victories in the B.C. division play unfolding this season on ice in Kamloops and Kelowna. (Allen Douglas/Special to Black Press Media)
VIDEO: Giants record fifth shutout of the season

Vancouver G-Men take down Kamloops Blazers on home ice Sunday, 4-0

Most Read