B.C.’s posts $1.3B budget surplus for 2021-22, in contrast with big deficit forecast
British Columbia’s economic recovery last year was stronger than forecast with the province’s audited budget numbers showing a surplus of $1.3 billion, in contrast with an earlier projection of a deficit nearing $10 billion.
She says the April 2021 budget, delivered during some of the darkest days of the COVID-19 pandemic, originally forecast a deficit of $9.7 billion, but revenues improved throughout the year.
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B.C.'s posts $1.3B budget surplus for 2021-22, in contrast with big deficit forecastVICTORIA — British Columbia's economic recovery last year was stronger than forecast with the province's audited budget numbers showing a surplus of $1.3 billion, in contrast with an earlier projection of a deficit nearing $10 billion.
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