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What you need to know about the B.C. government香蕉视频直播檚 2023 budget

Big spending on health, community grants and ways to curb inflation
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Minister of Finance Katrine Conroy tables her first budget in the legislative assembly at legislature in Victoria, Tuesday, Feb. 28, 2023. THE CANADIAN PRESS/Chad Hipolito

Hefty government spending and promises to get money back into British Columbians香蕉视频直播 pockets were the overarching themes of the 2023-24 provincial budget announced Tuesday (Feb. 28).

Amid a backdrop of a forecast deficit, Finance Minister Katrine Conroy said the budget will help the province weather the storm of inflation and slowing of the market.

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Economic growth is forecast to drop to 0.4 per cent in 2023, down from 2.8 per cent last year.

Some of Tuesday香蕉视频直播檚 highlighted pledges include:

  1. $6.4 billion in new health spending, including and previously announced
  2. $317 million for policing and public safety initiatives ,including the already-announced repeat offender program
  3. $119 million for
  4. $558 million for further financial supports to income and disability assistance
  5. $4.2 billion to better housing with a bulk of the funds 香蕉视频直播 $1.7 billion and $1.5 billion 香蕉视频直播 for new home builds and modular housing, respectively
  6. An expansion of the climate action tax credit and with further details to still be announced
  7. A 10-per-cent increase to the B.C. Family Benefit program
  8. Previously announced: , with more details coming

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ashley.wadhwani@blackpress.ca

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About the Author: Ashley Wadhwani-Smith

I began my journalistic journey at Black Press Media as a community reporter in my hometown of Maple Ridge, B.C.
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