BC's Fiscal Choices
Panel forecasts based on hyper-conservative revenue assumptions
(Vancouver) BC's Fiscal Review Panel presented its report today. Upon reviewing the report, the CCPA is concerned that it will be inappropriately used by the government to justify spending cuts and privatization that are not warranted.
Like the 1993 Alberta Fiscal Review Panel, the BC report claims the province is facing an unsustainable structural deficit. According to the CCPA, however, the report is overly alarmist about BC's fiscal situation.