April 25, 2024

Continuing BC deficit “likely” because of HST says Premier

Will the disappearance of the HST,and the revenue it produces, make a BC budget deficit more likely?
Premier Christy Clark says probably.
The Premier says BC got a “big pot of money” from Ottawa to bring in the HST.   It’s already gone to pay down part of a deficit and to fund healthcare and education.
Clark says it will be a “big job” to pay it back and deal with the lost revenue. …
CKNW Vancouver News

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