B.C. Finance Minister Selina Robinson presents bill to delay B.C.’s budget as late as April 30, and allow further spending before that, B.C. legislature, Dec. 8, 2020. (Hansard TV)

B.C. Finance Minister Selina Robinson presents bill to delay B.C.’s budget as late as April 30, and allow further spending before that, B.C. legislature, Dec. 8, 2020. (Hansard TV)

B.C. delays 2021 budget, moves to borrow more for COVID-19

$1,000 family benefit coming, online applications open Dec. 18

B.C.’s next budget could be delayed until after the new fiscal year starts in April, as the NDP government prepares up to borrow another $2 billion to add to its current deficit, already approaching $13 billion.

Finance Minister Selina Robinson began a brief pre-Christmas session of the B.C. legislature Tuesday by presenting amendments to allow the province to delay its budget until as late as April 30, after the current fiscal year ends March 31. The delay is partly due to the October snap election called a year earlier than its scheduled date, which has already delayed the government’s second quarter financial report for the current year.

The un-budgeted $2 billion in extra borrowing includes about $1.5 billion for another round of COVID-19 payments, promised by Premier John Horgan in the fall election campaign. Unlike B.C.’s first round of pandemic payments, these do not require proof of lost income during the pandemic, with up to $1,000 going to families with income up to $175,000 this year, and up to $500 for single people earning as much as $87,000.

Robinson told reporters there will be an online application process for the money that will open Dec. 18. The target continues to be getting transfers to bank accounts by the end of 2020.

People receiving B.C. income or disability assistance are eligible for the family or single benefit, and an additional $150 due to their low incomes, Robinson said.

RELATED: B.C., Ottawa COVID-19 debt could ‘indenture generations’

RELATED: B.C. throne speech predicts ‘better days ahead’ in COVID-19

The fall snap election was a key part of the delay in the province’s financial reporting and approval.

“While the proposed rules will also allow for modest extensions for release dates for quarterly reports in a fiscal year when there is a general election, the amendments still ensure that fiscal updates are publicly provided so there is not a lengthy gap in public reporting,” Robinson told the legislature Dec. 8. “This amendment ensures that limited funding remains available should a supply act not be enacted by the start of a new fiscal year, and would only apply to address election-year schedule impacts.”


@tomfletcherbc
tfletcher@blackpress.ca

Like us on Facebook and follow us on Twitter.

BC politicsCoronavirus

Just Posted

Submitted photo of Town Park C Block apartment fire.
Apartment fire in Port Hardy forces residents to jump from building

‘Multiple people were transported to the hospital with injuries from falling’

The new Malahat Skywalk is expected to be completed by this summer. (Submitted graphic)
Malahat Skywalk expected to be complete by this summer

$15-million project will see 650-metre elevated wooden pathway constructed

Sidney Pier was one of two sites in Sidney as the Netflix series Maid shot in Sidney in late 2020. The show starring Margaret Qualley was one of 38 productions shooting in Greater Victoria. (Bob Orchard/Submitted)
Head of Greater Victoria film commission warns of lost economic opportunity

Kathleen Gilbert said without full funding, region will not be able to attract productions

A senior official with Victoria International Airport says the airport is still researching COVID-19 testing regimes but predicts testing and screening will remain part of the aviation industry even after vaccines have rolled out. (Black Press Media file photo)
Victoria International Airport researching COVID-19 testing options

Senior official predicts ‘screening and testing will be around long after the vaccination rollout’

Rethinking shopping for a more resilient future. Black Press file photo.
Rethinking shopping for a more resilient future

The last year was a wake up call. The environmental crisis, systemic… Continue reading

A scene from “Canada and the Gulf War: In their own words,” a video by The Memory Project, a program of Historica Canada, is shown in this undated illustration. THE CANADIAN PRESS/HO - Historica Canada
New video marks Canada’s contributions to first Gulf War on 30th anniversary

Veterans Affairs Canada says around 4,500 Canadian military personnel served during the war

B.C. driver’s licence and identity cards incorporate medical services, but the passport option for land crossings is being phased out. (B.C. government)
B.C. abandons border ID cards built into driver’s licence

$35 option costing ICBC millions as demand dwindles

BC Emergency Health Services has deployed the Major Incident Response Team (MIRRT) as COVID-19 positive cases rise in the Williams Lake region. (Monica Lamb-Yorski photo - Williams Lake Tribune)
B.C.’s rapid response paramedics deployed to Williams Lake as COVID-19 cases climb

BC Emergency Health Services has sent a Major Incident Rapid Response Team to the lakecity

U.S. military units march in front of the Capitol, Monday, Jan. 18, 2021 in Washington, as they rehearse for President-elect Joe Biden’s inauguration ceremony, which will be held at the Capitol on Wednesday. (AP Photo/J. Scott Applewhite)
Biden aims for unifying speech at daunting moment for U.S.

President Donald Trump won’t be there to hear it

(Google Maps)
Sophisticated glass-removal crime returns to downtown Victoria

Several businesses on Fort Street targeted overnight, say police

Victoria police arrested a man Jan. 15 after he rammed his minivan into an occupied police vehicle. (Black Press Media file photo)
Victoria man arrested for ramming minivan into occupied police vehicle

Man caught after fleeing, crashing into cement retaining wall

Drisht Preet (DP) Singh was excited to be opening the first Canco Supermarket in Saltair. (Photo by Emily Weeks)
Canco’s first supermarket opens in Saltair

Reasonable prices being matched with exceptional customer service

From left to right: Geena Haiyupis, Deborah Potter and Moira Barney stand beside the canoe. It will be painted by ADSS students in the new year. (ELENA RARDON / ALBERNI VALLEY NEWS)
Alberni high school students paddling forward together

Canoe artwork will hang above the school’s breakfast room

Cowichan Bay tennis player Grace Haugen takes part in an exhibition at the South Cowichan Lawn Tennis Club in 2019, which also included Canadian legends Frank Dancevic and Daniel Nestor. Haugen has committed to further her career at the University of Montana starting next fall. (Citizen file)
Vancouver Island tennis player prepares for next step in her journey

Cowichan Bay’s Grace Haugen commits to University of Montana

Most Read