NDP blasts B.C. budget update

Deteriorating financial results make it even less likely B.C. Liberals can balance budget, finance critic Mike Farnworth says.

NDP finance critic Mike Farnworth

VICTORIA – NDP finance critic Mike Farnworth blasted the B.C. government’s budget update Thursday, pointing to deteriorating financial conditions that make it even less likely the promised surplus will materialize by next spring.

“Economic growth is down. It was forecast at 1.6 per cent. Now it’s down to 1.4 per cent,” Farnworth told the legislature. “Retail sales are down … Housing starts are down 13 per cent. People are leaving B.C. for Alberta and other stronger economies. That’s nine straight quarters where more people have left than arrived.”

Speaking to reporters after the budget speech, Farnworth focused on Wednesday’s throne speech commitment to launch a 10-year skills training initiative.

“The Business Council of B.C., back in 2002, identified skills training as one of the critical issues facing British Columbia, and here we are, 10 years later, talking about it in the throne speech,” Farnworth said. “But when you go to the budget, what do you see? A $45 million cut, the same cut that was there before February, and 5,300 fewer spaces for the kids of British Columbia to be able to get into over the next four years.”

 

Just Posted

Woman killed in head-on crash near Vanderhoof

RCMP say driver crossed the centre line and hit a loaded fuel tanker truck

RCMP to review actions at Wet’suwet’en pipeline protest camps

Senior Mountie says he hopes protests will be peaceful following deal with hereditary chiefs

‘Tripod’ delays access to Unist’ot’en camp

Social media rumours of cultural significance quashed, meaning police “exclusion zones” should end.

Hereditary chiefs negotiate injunction agreement

Wet’suwet’en hereditary chiefs abide by interim injunction, but gate stays up. Still opposed.

College of New Caledonia wants public’s input on budget

A public consultation will be held Feb. 1 at 4 p.m. at Vanderhoof Campus

VIDEO: Car flies across median, flips over edge of B.C. overpass

Dash cam footage shows vehicle speeding across Brunette Avenue overpass in Coquitlam

Indigenous energy summit includes session on pipeline ownership options

Steven Saddleback of the Indian Resource Council says a session will feature presentations on financing models

Japanese grand champion Kisenosato retires from sumo

The 32-year-old Kisenosato was the first Japanese-born wrestler in 19 years to gain promotion to sumo’s highest rank

UPDATE: Accused B.C. high school killer found fit to stand trial

Gabriel Klein is accused in the 2016 stabbing death of Letisha Reimer at Abbotsford Senior Secondary

Right-wing, neo-Nazi, white supremacist groups an increasing concern: Goodale

Ten people died in April 2018 when Alek Minassian allegedly drove a rental van down the busy stretch in Toronto

Canadian stock exchanges to conduct lottery for ‘POT’ ticker amid high demand

The symbol became available after fertilizer Potash Corp. officially merged with Agrium Inc. in early 2018

Millennial Money: Don’t let Instagram envy get you into debt

A full 48 per cent of U.S. households have credit card debt

Jury debates fate of man accused of killing 12-year-old B.C. girl 40 years ago

Police allege Garry Handlen told a cop how he abducted, sexually assaulted and strangled Monica Jack in May 1978

Most Read