News

NDP blasts B.C. budget update

NDP finance critic Mike Farnworth - Black Press
NDP finance critic Mike Farnworth
— image credit: Black Press

VICTORIA – NDP finance critic Mike Farnworth blasted the B.C. government's budget update Thursday, pointing to deteriorating financial conditions that make it even less likely the promised surplus will materialize by next spring.

"Economic growth is down. It was forecast at 1.6 per cent. Now it's down to 1.4 per cent," Farnworth told the legislature. "Retail sales are down … Housing starts are down 13 per cent. People are leaving B.C. for Alberta and other stronger economies. That's nine straight quarters where more people have left than arrived."

Speaking to reporters after the budget speech, Farnworth focused on Wednesday's throne speech commitment to launch a 10-year skills training initiative.

"The Business Council of B.C., back in 2002, identified skills training as one of the critical issues facing British Columbia, and here we are, 10 years later, talking about it in the throne speech," Farnworth said. "But when you go to the budget, what do you see? A $45 million cut, the same cut that was there before February, and 5,300 fewer spaces for the kids of British Columbia to be able to get into over the next four years."

 

We encourage an open exchange of ideas on this story's topic, but we ask you to follow our guidelines for respecting community standards. Personal attacks, inappropriate language, and off-topic comments may be removed, and comment privileges revoked, per our Terms of Use. Please see our FAQ if you have questions or concerns about using Facebook to comment.

You might like ...

VIDEO: Witnesses describe scene at Parliament Hill; Raw footage of Ottawa shootings
 
Security stepped up in B.C. after attacks in Ottawa
 
Third attempt to reach sunken aborted; Another attempt planned
Soldier killed in Parliament Hill siege
 
Marigold pharmacy clears Health Canada inspection
 
Community cleanup crews sought for plastics program
Mount Arrowsmith Biosphere facing uncertain future
 
NDP hold on to Alberni-Pacific Rim
 
Miss Nanaimo Ambassador crowned

Community Events, October 2014

Add an Event

Read the latest eEdition

Browse the print edition page by page, including stories and ads.

Oct 17 edition online now. Browse the archives.