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Finance minister Bailey says current plans to cut the deficit "won't bend the curve"
['Wolfgang Depner', 'The Canadian Press']
Squamish Chief: squamishchief
Finance Minister Brenda Bailey says government's plan to find $1.5 billion in savings over three years won’t be enough to “start bending the curve towards balance" as the province forecasts an unprecedent deficit of $11.6 billion.
Finance Minister Brenda Bailey says government's plan to find $1.5 billion in savings over three years won’t be enough to “start bending the curve towards balance" as the province forecasts an unprecedent deficit of $11.6 billion.
Bailey says this work "is not optional" because if both figures continue to rise, B.C.
David Williams, vice-president of policy for the Business Council of British Columbia, says he doesn't see any plan to get the deficit under control, adding that B.C.
All speakers agreed the provincial economy needs to change, and Lovely agreed with Williams, who says that the American tariffs imposed by U.S. President Donald Trump are a "wake-up call" for B.C.
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