By 2029/30, B.C. is on track to have more government debt per person than Quebec and Ontario.
british columbia budget
March 1, 2024
9:47AM
The province's net debt will reach a projected $129 billion by 2026/27—nearly triple the pre-pandemic level in 2019/20.
February 22, 2024
3:34PM
The government plans to overspend by $11.2 billion relative to its 2023 budget plan.
February 28, 2023
3:08PM
The province will run a $4.2 billion operating budget deficit in 2023/24.
February 24, 2023
2:13PM
After six consecutive years of surpluses, the government ran operating deficits in 2019 and 2020.
February 22, 2022
4:35PM
The province expects net debt to increase by $31.2 billion over the next three fiscal years.
September 17, 2014
11:19AM
“B.C. is currently on target to balance the 2014/15 budget,” declared Mike de Jong, B.C.’s finance minister while unveiling the government’s latest financial update. Understandably, many British Columbians will take de Jong’s comments at face value.