Source Feed: The Globe and Mail
Author: Justine Hunter
Publication Date: September 15, 2025 - 13:44
B.C.’s deficit to rise to $11.6-billion after dropping carbon tax
September 15, 2025
A fiscal update released Monday shows British Columbia’s provincial outlook has declined and the government’s deficit will rise in the current fiscal year to a record $11.6-billion, in part due to U.S. tariffs and a slowdown in the housing market.
But mostly, the rise in red ink is a result of the NDP government’s elimination of the carbon tax.
Unpublished Newswire
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