Redeye
BC budget stands up to austerity pressures but falls short on big challenges
On Feb 22, the BC government brought in their 2024 budget, the last one before the October provincial election. While Kevin Falcon characterized the projected deficit as "reckless" and John Rustad says it was set to "bankrupt the people of the future", Alex Hemingway says this budget rightfully prioritizes public investment over austerity, but it could go a lot further. Alex Hemingway is a Senior Economist and Public Finance Policy Analyst at the CCPA's BC Office.
- Broadcast on:
- 25 Feb 2024
On Feb 22, the BC government brought in their 2024 budget, the last one before the October provincial election. While Kevin Falcon characterized the projected deficit as “reckless” and John Rustad says it was set to “bankrupt the people of the future”, Alex Hemingway says this budget rightfully prioritizes public investment over austerity, but it could go a lot further. Alex Hemingway is a Senior Economist and Public Finance Policy Analyst at the CCPA’s BC Office.
On Feb 22, the BC government brought in their 2024 budget, the last one before the October provincial election. While Kevin Falcon characterized the projected deficit as "reckless" and John Rustad says it was set to "bankrupt the people of the future", Alex Hemingway says this budget rightfully prioritizes public investment over austerity, but it could go a lot further. Alex Hemingway is a Senior Economist and Public Finance Policy Analyst at the CCPA's BC Office.