Global News: B.C. forecasting $12.5B deficit due to pandemic

The numbers are staggering, BC’s Finance Minister Carole James is projecting a 12 point 5 billion dollar deficit. There’s been a revenue drop of more than $6-billon coupled with more than $6-billion in pandemic response spending. As Richard Zussman reports, the B.C. business community is calling on the government to execute a plan with immediate support and relief. ​BCBC Chief Economist Ken Peacock is interviewed on the dire economic situation.

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