Budget day reflections on Liberal plan and revenue gaps
The account describes a budget briefing with ministers and stakeholders, noting ministers met or under budget targets, a 3.5 billion deficit, and tax-cut promises. It questions the Liberal blueprint, citing income tax revenue declines and a tepid projected BC economy, raising concerns about future health and education funding.
Liberals defend budget while plan remains uncertain
The Liberals defend a budget seen as shaky amid tax cuts offset by fees and new taxes, with affluent gains and middle income retrenchment. A $275 million forest industry restructuring fund aims at tenure buyouts and market stumpage, plus health funding boosts to $325 million this year and $585 million in two years. Potential revenue from BC Rail assets or a softwood border tax looms, and advertising spend rises to $19 million invites scrutiny over whether it aids market reach or signals promises kept.
MENTIONED IN THIS ARTICLE
Victoria
Gary Collins
B.C
U.S
Ottawa
BC Rail
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