Bc Posts 1.3 Billion Budget Surplus For 2021 22 Against Forecast For Large Deficit Bc News

Photo: The Canadian Press Finance Minister Selina Robinson is pictured during a press conference prior to the delivery of the provincial budget to the legislature in Victoria, BC, Monday, February 21, 2022. THE CANADIAN PRESS/Chad Hipolito British Columbia’s economic recovery last year was stronger than forecast with the province’s audited budgets showing a surplus of $1.3 billion, up from an earlier forecast of a deficit close to $10 billion. Finance Minister Selina Robinson says the province’s economy in 2021-22 exceeded both public and private sector forecasts. He says the April 2021 budget, delivered during some of the darkest days of the COVID-19 pandemic, initially projected a $9.7 billion deficit, but revenues improved throughout the year. Robinson says the improvement can be attributed to the reopening of the economy and the resulting increase in tax revenues, one-time federal contributions for COVID-19 events and disasters, higher revenue from natural resources and higher Crown Corporation profits, especially in Insurance Corp. BC He says the government hopes to further boost the economy with a series of inflation-fighting measures next month. The province introduced a $60 million education support fund this week to help schools expand meal programs and help families with school supplies and field trips.

title: “Bc Posts 1.3 Billion Budget Surplus For 2021 22 Against Forecast For Large Deficit Bc News Klmat” ShowToc: true date: “2022-10-25” author: “Chris Nelson”

Photo: The Canadian Press Finance Minister Selina Robinson is pictured during a press conference prior to the delivery of the provincial budget to the legislature in Victoria, BC, Monday, February 21, 2022. THE CANADIAN PRESS/Chad Hipolito British Columbia’s economic recovery last year was stronger than forecast with the province’s audited budgets showing a surplus of $1.3 billion, up from an earlier forecast of a deficit close to $10 billion. Finance Minister Selina Robinson says the province’s economy in 2021-22 exceeded both public and private sector forecasts. He says the April 2021 budget, delivered during some of the darkest days of the COVID-19 pandemic, initially projected a $9.7 billion deficit, but revenues improved throughout the year. Robinson says the improvement can be attributed to the reopening of the economy and the resulting increase in tax revenues, one-time federal contributions for COVID-19 events and disasters, higher revenue from natural resources and higher Crown Corporation profits, especially in Insurance Corp. BC He says the government hopes to further boost the economy with a series of inflation-fighting measures next month. The province introduced a $60 million education support fund this week to help schools expand meal programs and help families with school supplies and field trips.

title: “Bc Posts 1.3 Billion Budget Surplus For 2021 22 Against Forecast For Large Deficit Bc News Klmat” ShowToc: true date: “2022-12-11” author: “Zoila Rustin”

Photo: The Canadian Press Finance Minister Selina Robinson is pictured during a press conference prior to the delivery of the provincial budget to the legislature in Victoria, BC, Monday, February 21, 2022. THE CANADIAN PRESS/Chad Hipolito British Columbia’s economic recovery last year was stronger than forecast with the province’s audited budgets showing a surplus of $1.3 billion, up from an earlier forecast of a deficit close to $10 billion. Finance Minister Selina Robinson says the province’s economy in 2021-22 exceeded both public and private sector forecasts. He says the April 2021 budget, delivered during some of the darkest days of the COVID-19 pandemic, initially projected a $9.7 billion deficit, but revenues improved throughout the year. Robinson says the improvement can be attributed to the reopening of the economy and the resulting increase in tax revenues, one-time federal contributions for COVID-19 events and disasters, higher revenue from natural resources and higher Crown Corporation profits, especially in Insurance Corp. BC He says the government hopes to further boost the economy with a series of inflation-fighting measures next month. The province introduced a $60 million education support fund this week to help schools expand meal programs and help families with school supplies and field trips.

title: “Bc Posts 1.3 Billion Budget Surplus For 2021 22 Against Forecast For Large Deficit Bc News Klmat” ShowToc: true date: “2022-12-13” author: “Chi Foote”

Photo: The Canadian Press Finance Minister Selina Robinson is pictured during a press conference prior to the delivery of the provincial budget to the legislature in Victoria, BC, Monday, February 21, 2022. THE CANADIAN PRESS/Chad Hipolito British Columbia’s economic recovery last year was stronger than forecast with the province’s audited budgets showing a surplus of $1.3 billion, up from an earlier forecast of a deficit close to $10 billion. Finance Minister Selina Robinson says the province’s economy in 2021-22 exceeded both public and private sector forecasts. He says the April 2021 budget, delivered during some of the darkest days of the COVID-19 pandemic, initially projected a $9.7 billion deficit, but revenues improved throughout the year. Robinson says the improvement can be attributed to the reopening of the economy and the resulting increase in tax revenues, one-time federal contributions for COVID-19 events and disasters, higher revenue from natural resources and higher Crown Corporation profits, especially in Insurance Corp. BC He says the government hopes to further boost the economy with a series of inflation-fighting measures next month. The province introduced a $60 million education support fund this week to help schools expand meal programs and help families with school supplies and field trips.