Canadian Press: B.C. projects surpluses over three years as debt rises to cover capital costs

February 19, 2020
Colin Wong

[EXCERPT]

The Business Council of British Columbia chided the government for not adequately preparing for a softer economy.

“While government has prioritized a variety of worthwhile program areas, including childcare, housing affordability, education, transit and transportation investments, paying for this requires a competitive and growing economy,” Jock Finlayson, the council’s executive vice-president ad chief policy officer, said in a statement.

“The budget does not pay sufficient attention to the storm clouds facing us due to slower global growth and escalating tax and regulatory costs at home.”

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