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

PHOTOS: Thousands show for 40th GoodLife Marathon in downtown Victoria

New records, first-time runners, and stories of resilience

Mother of alleged hit-and-run victim hopes municipalities will work together to improve crosswalk

Young woman injured, dog killed when struck by driver on marked crosswalk at Foul Bay Road

Here comes the rain: Victoria can expect post Thanksgiving showers all week

Mild, rainy weather expected from Tuesday to Saturday

Opponents of Elizabeth May criticize her push to scrap temporary foreign worker program

May has proposed to scrap the federal program which supplies local business with temporary workers

Victoria woman uses loss to raise awareness of Pregnancy and Infant Loss Awareness Day

City of Victoria to recognize Pregnancy and Infant Loss Awareness Day Oct. 15

VIDEO: Greater Victoria, here’s the news you missed this weekend

Dog killed in alleged hit and run, Goodlife Marathon takes over city and more

Canadian Snowbirds plane crashes before air show in Atlanta

Pilot lands safely after ejecting from jet

Share crash data, private insurers tell David Eby, ICBC

B.C. monopoly makes drivers retrieve their own records

B.C. VIEWS: Wolf kill, not backcountry bans, saving caribou

B.C.’s largest herds turn the corner from extinction

Pearson nets shootout winner as Canucks clip Flyers 3-2

Vancouver picks up second straight home win

Map on Elections Canada website sends Nanaimo-Ladysmith voters to landfill

Address for polling station correct, but Google Map address differs

BC Children’s Hospital launches 2 new virtual care sites bringing total to 19 across province

Provincial initiative allows pediatric patients to see health specialists through video

‘Wham-bam out the door’: Surrey man’s front yard left ruined by scamming landscaper

Resident warns neighbours to be careful of door-to-door salesmen

Most Read