Premier John Horgan’s NDP government campaigned on balanced budgets.
bc government spending
Overall, the NDP added $4.4 billion in new spending over three years.
The Horgan government has effectively increased spending by an additional $4.5 billion in the first few months of its term.
Government program spending will reach $49.2 billion, 6.6 per cent higher than last year.
Rhetoric from the campaign trail stressed increased spending and higher taxes.
On a per student basis, inflation adjusted education spending in B.C. public schools increased by 18.3 per cent.
Despite avoiding annual budget deficits, Premier Clark has allowed government debt to grow under her watch—by almost $7 billion.
The provincial government will deliver its budget today, amid a backdrop of fallen commodity prices and a generally sluggish economy. In light of British Columbia’s mounting government debt, vigilance and restraint will be key.