Carole James Britain city Columbia, Britain covid-19 Money Coronavirus Budget Carole James Britain city Columbia, Britain

B.C. government set to provide financial update on July 14

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globalnews.ca

COVID-19 crisis.Finance Minister Carole James told reporters on Monday the province wants to wait until July to give an update in order to get another month of job and financial numbers.“There is no question COVID-19 has had a huge impact on the budget and a huge impact on the economy in British Columbia,” James said.“There is no question we have been hit in every sector.” The provincial budget tabled in February projected a surplus of $227 million in 2020-21, $179 million in 2021-22 and $374 million in 2022-23.Those surpluses have been wiped out by the COVID-19 pandemic with no clear picture of how badly the province’s bottom line has been impacted.The province has earmarked $5 billion for COVID-19 relief, including $1.5 billion for.

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