Tag: British Columbia Articles
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B.C. Budget 2024: Projected deficit doubles from 2023 as spending is prioritized
February 23, 2024 New rebates and tax credits prevent revenue from surpassing the fiscal 2022-23 level ($82 billion), driving a wedge between revenue and expenditure.B.C. Budget 2023 : Back to deficit amid ballooning healthcare costs
March 1, 2023 B.C returns budget to deficit, estimating a $4.2B shortfall this year.B.C. Budget 2022 : A prudent budget in uncertain times
February 23, 2022 Budget 2022 includes a $5.4 billion deficit, in line with the record-breaking pandemic deficit reported in FY 2020-21, though less jaw dropping than prior pandemic estimates.Provinces to enter advanced stages of recovery in 2022
December 2, 2021 While the pandemic still poses a significant risk to all provincial economies, the recovery is proceeding generally well. - RBC EconomicsCanadian home buyers see affordability slipping away fast
October 7, 2021 Canada's housing market isn't as frenzied as it was at the start of this year, yet continues to operate at historically strong levels.Recovery bumpy but still advancing in all provinces
September 13, 2021 Despite the third wave causing greater-than-expected disruptions this spring, the economic recovery remains on track across Canada's provinces.Canada’s housing markets: low inventories and fatigue dampen activity in August
September 8, 2021 Home resales last month continued to broadly moderate toward pre-pandemic levels with inventories remaining exceptionally low in many housing markets.Overheating risk eases as Canadian housing market calms down
August 31, 2021 RBC Economics assesses the key indicators of Canada's housing market to see if there are any early warnings of potential imbalances.Pandemic affordability relief was short-lived for Canadian home buyers
June 28, 2021 Canada's housing market heated up further in the early months of 2021, driving RBC's affordability measure to its worst level in 31 years.1 of 5