FROM SURPLUS TO DEFICIT IN 4 YEARS

 



What does the last 5 years of BC fiscal performance say?

If you look at B.C.’s own Budget 2026 tables, the story is pretty blunt:

1) From surplus to deep structural deficits

  • 2021/22: surplus +$1.262B

  • 2022/23: surplus +$0.956B

  • 2023/24: deficit –$5.035B

  • 2024/25: deficit –$7.347B

  • 2025/26 (forecast): deficit –$9.614B

  • 2026/27 (plan): deficit –$13.309B

Whatever the intent, the effect is: the province is budgeting as if chronic deficits are a normal operating condition.

Comments