B.C. operating debt begins to decline
After five years of borrowing to pay for “groceries,” Finance Minister Mike de Jong says budget surpluses this year and in the coming years will largely be used to pay down operating debt. The provincial budget shows operating debt of $9.4 billion for the year ending in March, declining to $8.4 billion in 2015-16 and falling below $5 billion by 2018. Total provincial debt, including roads, hospitals and other capital projects as well as debt held by BC Hydro and other Crown...
Posted On 17 Feb 2015














