B.C.'s strong economy, inflation concerns part of fiscal picture, minister says - paNOW

By Canadian Press

Nov 25, 2022 | 3:03 AM

VICTORIA — British Columbia’s strong economic performance will be a major part of today’s fiscal update, but the finance minister says she’ll also issue cautions about inflation pressures and rising interest rates.

Selina Robinson says the numbers she presents as part of the province’s quarterly budget update will show an economy continuing to grow despite the ongoing COVID-19 pandemic.

The minister’s last update in September forecasted a budget surplus for the current fiscal year of $706 million.

Robinson’s update comes a week after the swearing-in of new Premier David Eby, who has already made several spending announcements adding up to more than $1 billion.

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B.C.'s strong economy, inflation concerns part of fiscal picture, minister says - paNOW
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