Provincial budget & finance

Dix right to scrap balanced budget legislation

Sep 28, 2012
Yesterday, Opposition leader Adrian Dix indicated that, if he wins government, he would scrap BC’s balanced budget legislation (BBL). His announcement has drawn some fire from predictable sources. Some media reports indicate that Dix appeared uncomfortable sharing this news. He shouldn’t have. Scrapping BBL is good public policy. CCPA researchers have long been critics of… View Article

The staggering future costs of the BC government’s contracts

Jul 27, 2012
As usual, there has been quite a hubbub surrounding this week’s release of British Columbia’s Public Accounts.  The provincial auditor says the provincial deficit is $520 million more than the government admits. And then there is the Auditor General’s review of finances at the legislature that found “substantial irregularities.” But all of the above is… View Article

Slim pickin’s for BC’s children and youth in budget

Mar 2, 2012
Just in case anyone missed just how bad BC’s new budget is for the province’s children and youth, I thought I’d post First Call’s reaction from our news release:  CHILDREN AND YOUTH GET SLIM PICKINGS IN BUDGET 2012 It notes that Finance Minister Falcon talks of fiscal prudence, but the budget’s failure to invest in the… View Article

Kevin Falcon’s narrow take on tax options

Jan 28, 2012
BC Finance Minister Kevin Falcon says he is keen to take a fresh look at the BC tax system. He is welcoming new ideas, and he even wants your opinion. He has struck an “expert” panel to review BC’s tax regime, and in early January the government launched an online tool that the public can… View Article

The real impact of HST’s defeat on provincial finances

Sep 9, 2011
On Sept 8, Finance Minister Kevin Falcon released a much anticipated update on provincial finances. The Minster’s presentation focused on highlighting the cost of the move back to PST/GST, providing some large numbers for the media headlines, instead of looking at the big picture. In case you missed the media coverage, the provincial coffers are… View Article