B.C. NDP's Record Deficit

This is a U.S. news story, published by vancouversun, that relates primarily to David Eby news.

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Business

Business & Economics

B.C. Budget 2025: U.S. tariffs overshadow budget as record deficit projected

Summary

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69% Informative

The B.C. NDP's 2025 budget is projecting a record $10.9 billion deficit in 2025 and a near-doubling of taxpayer-supported debt over the next three years .

Economic forecasters predict the imposition of the tariffs on most Canadian exports to the U.S. could lead to 45,000 fewer jobs in the province by 2029 .

Premier David Eby says the government has directed all provincial-run liquor stores to immediately remove all products from Republican -leaning states.

The board of trade gave B.C. a C-minus while giving Trump an F for the negative economic impacts and higher costs imposed on British Columbians .

Conservatives and the Greens were universally critical of the budget.

Conservative finance critic Peter Milobar said the province should have focused more on reducing interprovincial trade barriers.

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semi-formal

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English

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