Finance Minister Mike de Jong said he's disappointed with the slow job growth in B.C.

Finance Minister Mike de Jong said he's disappointed with the slow job growth in B.C.

B.C. surplus won’t sweeten teacher offer

Forest fires costly this year, but tax and natural gas revenue have recovered to help boost surplus forecast to $266 million

VICTORIA – The B.C. government has increased its projected surplus for the year to $266 million, up $87 million from the July budget estimate.

Finance Minister Mike de Jong said taxation and natural resource revenue are running ahead of projections, based on results of the first quarter of the fiscal year. That was offset by unexpected costs for flood control this spring and a forest fire season expected to be one of the costliest on record at $350 million.

The budget surplus is enough to provide a a pay increase and other improvements to striking teachers, but what the union is currently asking for amounts to $315 million more than the government is offering, this year and every subsequent year, the finance ministry calculates.

De Jong said giving in to the B.C. Teachers’ Federation demands, including their proposal for class size and special needs support, would equate to an increase of $140 a year for the average personal income tax, or 4.8 cents per litre in gasoline tax.

Increasing the government’s offer or gambling on the results of binding arbitration would have a ripple effect on other public service unions, both those who settled for less and those who still have to reach agreements under the government’s bargaining mandate, he said.

NDP critic Carole James said arbitration in the teacher case isn’t “opening the flood gates.

“In fact binding arbitration when the parties are close, will take a look at the pattern of settlements, will take a look at the money that’s on the table, will take a look at the two parties, and resolve this,” James said.

 

Just Posted

BC Green Party leader and Cowichan Valley MLA Sonia Furstenau introduced a petition to the provincial legislature on Thursday calling for the end of old-growth logging in the province. (File photo)
Cowichan Valley MLA Furstenau introduces old-growth logging petition

BC Green Party calls for the end of old-growth logging as protests in Fairy Creek continue

Residents encouraged to fill out online survey to provide feedback on regional needs. (Pixabay)
Wanted man Michael Bruce was arrested Wednesday in Langford. (Black Press Media file photo)
West Shore RCMP find wanted man hiding under mattress

Michael Bruce had multiple warrants out for his arrest in Sooke and the West Shore

Brian Korzenowski rides with Athena, left, and Venus who are safely strapped in and goggled up with the wind in their fur. (Zoe Ducklow - Sooke News Mirror)
Double-dog motorcycle sidecar brings smiles to Sooke Road commuters

Athena and Venus are all teeth and smiles from their Harley-Davidson sidecar

Graduating students at Esquimalt Secondary School will have a rolling grad ceremony this Saturday (June 19). (Black Press Media file photo)
Esquimalt High School’s graduation a driving experience

Second annual car rally and drive-through diploma pickup on tap for Saturday

People line up to get their COVID-19 vaccine at a vaccination centre, Thursday, June 10, 2021 in Montreal. THE CANADIAN PRESS/Ryan Remiorz
Vaccines, low COVID case counts increase Father’s Day hope, but risk is still there

Expert says people will have to do their own risk calculus before popping in on Papa

(Black Press Media file photo)
POLL: When was the last time you visited the mainland?

The films are again lighting the screens at local theatres, the wine… Continue reading

Anyone with information on any of these individuals is asked to call 1-800-222-TIPS (8477) or visit the website victoriacrimestoppers.ca for more information.
Greater Victoria Crime Stoppers wanted list for the week of June 15

Greater Victoria Crime Stoppers is seeking the public’s help in locating the… Continue reading

B.C. Premier John Horgan leaves his office for a news conference in the legislature rose garden, June 3, 2020. (B.C. government photo)
B.C. premier roasted for office budget, taxing COVID-19 benefits

Youth addiction law that triggered election hasn’t appeared

BC Ferries’ newest Island Class vessel is experiencing an issue with one of its thrusters off the Algerian coast. Photo courtesy patbaywebcam.com.
BC Ferries newest vessel having mechanical issues in Mediterranean

Island 4 will be repaired in Spain before crossing Atlantic

A vial containing the Moderna COVID-19 vaccine is shown at a vaccination site in Marcq en Baroeul, outside Lille, northern France, Saturday, March 20, 2021. THE CANADIAN PRESS/AP/Michel Spingler
mRNA vaccines ‘preferred’ for all Canadians, including as 2nd dose after AstraZeneca: NACI

New recommendations prioritizes Pfizer, Moderna in almost all cases

Surrey Mayor Doug McCallum speaks at a press conference in August 2019 about provincial government approval of the city’s change to a municipal force, joined by councillors (from left) Mandeep Nagra, Allison Patton and Doug Elford. Members of the National Police Federation claim there is still no transition plan in place although Surrey RCMP’s contract with the city is due to end March 31.(File photo)
Elections BC approves petition application for referendum on Surrey policing transition

Application was filed under Recall and Initiative Act by the widow of a Surrey murder victim

Queen’s counsel Paul Doroshenko, a Vancouver lawyer, has been suspended from practice for two months after admitting that his firm mismanaged $44,353.19 in client trust funds. (Acumen Law)
High-profile B.C. lawyer suspended over $44K in mismanaged client trust funds

Queen’s counsel Paul Doroshenko admits he failed to supervise his staff and find or report the shortages

House Majority Whip James Clyburn, D-S.C., center left, reaches over to Rep. Maxine Waters, D-Calif., joined by Speaker of the House Nancy Pelosi, D-Calif., center, and members of the Congressional Black Caucus as they celebrate the Juneteenth National Independence Day Act that creates a new federal holiday to commemorate June 19, 1865, when Union soldiers brought the news of freedom to enslaved Black people after the Civil War, at the Capitol in Washington, Thursday, June 17, 2021. It’s the first new federal holiday since Martin Luther King Jr. Day was created in 1983. (AP Photo/J. Scott Applewhite)
Biden to sign bill making Juneteenth a federal holiday

New American stat marks the nation’s end of slavery

Most Read