British Columbia Fiscal Snapshot: Winter 2016
The Conference Board of Canada, 12 pages
March 10, 2016
This “fiscal snapshot” looks at the state of British Columbia’s economy and its government’s fiscal challenges, and provides a short- and medium-term outlook for the province.
- Strong economic growth will keep surpluses growing and net debt levels low.
- Budget 2016 included few new revenue measures, focusing instead on keeping spending contained.
- If spending falls in line with budget targets, the government’s balance could grow to $1.4 billion by 2018–19 thanks to strong revenue growth.