Categories: Canada

B.C. sharing audited financial statements after deficit rose to $9.1B


The B.C. government is expected to share more information on Thursday about the state of its finances.

The province will reveal its audited financial statements for the fiscal year, beginning April 2024 and ending March 2025.

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B.C.’s latest budget put the deficit for that period at $9.1 billion; however, that number could change following Thursday’s announcement.

In the fiscal year before, the province posted a $5 billion deficit.

For the current fiscal year, the B.C. government’s budget projects a nearly $11 billion deficit.

This story will be updated after the press conference at 11 a.m.




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