Tuesday 18 February 2020

BC Budget to be Tabled Today

British Columbia's finance minister is promising to stay the course in her next budget to be tabled today in the legislature.

Since coming to power more than two years ago, the NDP has made controlling costs for families, with a focus on housing, a hallmark of its economic policies. In its first two and a half years, the NDP government has eliminated Medical Service Plan premiums, increased social assistance payments, eliminated interest on student loans and raised support payments for children of foster parents. They have also brought in a new benefit that goes into effect in October to help families with children up to 18 years old. The benefit provides up to $1,600 annually for families with one child, $2,600 for two children and $3,400 for three children.

Overall, B.C.'s economy has remained strong, with the province consistently leading the country in economic growth.



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