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Rob Shaw: Shrugs greet the new normal of provincial deficits (The ORCA)

The public doesn't care because the budget will balance itself, Rob Shaw says sarcastically

 

It was tough to say what was more alarming in the latest financial update from B.C.’s finance minister — the ballooning size of the provincial deficit, or the seeming disinterest in doing anything about it.

Katrine Conroy delivered a sobering budget update at the legislature Wednesday, tabling a financial document dripping in red ink. Then, she spent the better part of 40 minutes acting like that didn’t matter ...

... provincial government is now on track to rack up a deficit of more than $14 billion over the next three years. There’s no plan to return to balance. Nor is there any plan to trim spending, look for additional savings or introduce new tax measures to try to shore up the worsening financial picture ...

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