B.C.’s Finance Minister is out with the latest financial report card and says things are looking good.
In fact, better than expected.
The government is predicting a surplus of $2.25 billion.
Not surprisingly, Mike de Jong says as we head into the pre-election budget they will certainly look at how to “share” the good fortune with taxpayers
“What are the specific challenges they are facing that we may be in a position to assist with now within the context of continued fiscal prudence and balanced budgets.”
While personal and provincial sales tax were up, property transfer tax projections were down.
De Jong also mentioning that U.S. lumber protectionism is putting many B.C. jobs at risk, so the government is focused on making deals with other markets like China and India.