Vancouver Sun: Vaughn Palmer: Virus will probably push B.C.'s balanced budget into red, Horgan predicts

  • March 18, 2020


“Right now is not the time to be worried about deficits,” as Ken Peacock, chief economist for the B.C. Business Council, told Rob Shaw of The Vancouver Sun last week. “Fortunately for B.C. we are in a very strong fiscal position. We have low debt loads, and government absolutely can borrow some money and run a deficit for 2020 if it requires devoting money to health care.”

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