BC’s net debt is set to triple, pushing taxpayers to shoulder soaring interest costs.
According to the Eby government’s fiscal update released last week, the government will run an eye-popping $9.4 billion budget deficit in fiscal 2024-25 — $2.8 billion larger than the deficit during the height of the pandemic in 2020 (even after adjusting for inflation).
The government also plans to run large deficits in 2025-26 and 2026-27, and rack up massive amounts of debt. And that’s bad news for British Columbia taxpayers ...
CLICK HERE for the full story
pot holes on our hwys, no center lines, hosp emerg. closures, but victoria - surrey has rainbow crosswalks and bicycle lanes
ReplyDelete