B.C. Liberals hiding $800M budget deficit

the B.C. Liberal government is deliberately hiding a deficit close to $800 million this fiscal year.
In February, Liberal Finance Minister Mike de Jong tabled a lean budget, forecasting a $197 million surplus in 2013/14, and a $211 million surplus in 2014/15.
The budget included also included speculative revenues from natural gas royalties and asset sales.
But at a news conference on Thursday, NDP finance critic Bruce Ralston said he estimates the actual deficit to be $790 million for the 2013/14 fiscal year and $847 million for 2014/15.
"It's the real Liberal deficit, it's their refusal to be honest and open about expenditure growth and asset sales in this budget," he said. "Neither number is a real number."

http://www.cbc.ca/news/canada/british-columbia/story/2013/04/04/bc-ndp-budget-deficit.html?cmp=rss

 

you mean just like the ndp did when they were in power? ha. the deficit only exists because we voted out the hst. we only have ourselves to blame.

 

The Liberals are sickling. This has gone far enough.

 

The Liberals should have been more open and big challenge ahead for the new government..