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‘They’re defaulting to COVID as the answer to everything,’: Liberal MLA on $321 million provincial deficit

Sep 2, 2020 | 6:00 AM

PRINCE GEORGE–”They’re defaulting to COVID as the answer to everything, they need to be held accountable for this.”

Those are the words of Prince George-Mackenzie Liberal MLA, Mike Morris, in response to the province’s $321 million deficit reported on Monday, Aug.31.

Finance Minister Carole James says that while the first three quarters of the fiscal year saw steady economic growth, the province’s financial picture dimmed because of the pandemic. She says declines in tax revenues, losses at the Insurance Corporation of British Columbia, and early measures to tackle the pandemic plunged the fiscal year into deficit.

“After they already knew the downturn in the economy was occurring, before COVID even hit, they never took that into consideration. To blame everything on COVID I think is irresponsible of them.”–Mike Morris, Prince George-Mackenzie Liberal MLA

Morris says that there is no economic plan that the current NDP government has brought forward to deal with the financial loss, something that Morris says needs to happen “sooner rather than later.”

In a fiscal update last month, James reported B.C.’s budget had been shattered by the COVID-19 pandemic, with a deficit of $12.5 billion for 2020-21.

She says the numbers are staggering with job losses of 235,000 since February and a predicted economic decline of 6.8 per cent by the end of this year.