Tough sell for B.C. budget featuring tax hike, record deficit and construction delays

Tough sell for B.C. budget featuring tax hike, record deficit and construction delays

British Columbia’s finance minister begins selling a budget today that has drawn critics from all sides with its soaring debt and deficit, public sector cuts, and construction delays for care homes, student housing and a cancer centre.

Tough sell for B.C. budget featuring tax hike, record deficit and construction delays – Energeticcity.ca

VICTORIA — British Columbia’s finance minister begins selling a budget today that has drawn critics from all sides with its soaring debt and deficit, public sector cuts, and construction delays for care homes, student housing and a cancer centre. Brenda Bailey calls the budget “serious work for serious times.” It raises the base income tax rate by 0.54 per cent — the first increase in 26 years — while the deficit is predicted to soar to a record…