April 25, 2024

New Finance Minister warns of “troubling” numbers

BC’s new Finance Minister is dangling the possibility of tax cuts, even as he warns of a worsening financial picture.

He’s only been on the job for one full day, but Mike de Jong is already worried about falling revenues to government.

“I have already seen some numbers that are troubling.”
“Like what?” 
“Natural gas.”

And yet de Jong is echoing Premier Christy Clark’s suggestion BC families could be in for some tax relief in the next year….just how?

He stresses the focus on growing the economy—and reining in government spending.

“Particularly in discretionary areas that do not relate to the provision of service.”

If that sounds familiar, former premier Gordon Campbell also vowed to reduce discretionary spending.

Meanwhile, de Jong will release the government’s quarterly fiscal update in victoria late next week.

He was speaking on the Simi Sara show on CKNW. 

CKNW Vancouver News

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