British Columbia Fiscal Snapshot: Winter 2016

The Conference Board of Canada, 12 pages, March 10, 2016
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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.

Document Highlights

  • 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.

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