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

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

From now to November, WildsafeBC will be educating the public through its various programs in the community of Bella Coola. (Black Press Media file photo)
Bears are back, and so is WildSafeBC

Rae will be working hard to reach out to community members in new and innovative ways

Bella Coola’s new WildSafeBC co-ordinator, Rae Kokeš, has spent the last 10 years in Africa working in lion, human, conflict, and is a wildlife biologist by trade. (Photo submitted)
From the savannas of Africa to the Bella Coola Valley

New Wildsafe BC coordinator ready to tackle wildlife conflict

RCMP crest. (Black Press Media files)
Stolen truck found broken down on Highway 97C, Williams Lake suspect arrested near Ashcroft

A security guard first noticed the truck, and thought it looked suspicious

This will be the second year the Bella Coola Valley Rodeo won’t take place due to the pandemic. (Michael Wigle file photo)
Bella Coola Valley Rodeo cancelled for 2021

Club organizers say next year’s rodeo will be bigger and better than ever

(The Canadian Press)
Trudeau won’t say whether Canada supports patent waiver for COVID-19 vaccines

‘Canada is at the table to help find a solution’

Edmonton Oilers’ Connor McDavid (97) celebrates his 100th point this season with Leon Draisaitl (29) against the Vancouver Canucks during second period NHL action in Edmonton on Saturday, May 8, 2021.THE CANADIAN PRESS/Jason Franson
Edmonton superstar McDavid hits 100-point mark as Oilers edge Canucks 4-3

NHL scoring leader needs just 53 games to reach century mark

Nuns of Mother Teresa’s Missionaries of Charity, carry some of her relics during a vigil of prayer in preparation for the canonization of Mother Teresa in the St. John in Latheran Basilica at the Vatican, Friday, Sept. 2, 2016. In which city did she do much of her charitable work? (AP Photo/Gregorio Borgia)
QUIZ: How much do you know about these motherhood issues?

In honour of Mother’s Day, take this 10-question quiz

A map showing where the most number of cases were recorded from April 23 to 29. This map, revealing a breakdown of infections by neighborhood, was pulled from a data package leaked to the Vancouver Sun last week (and independently verified).
36 Abbotsford schools flagged for COVID-19 exposures in the last 2 weeks, shattering record

Clearbrook Elementary recorded an ‘exposure’ on all 11 school days

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

Canada’s chief public health officer is reminding Canadians even those who are fully vaccinated are not immune from transmitting the COVID-19. THE CANADIAN PRESS/Adrian Wyld
Canada’s top doctor warns full vaccination does not equal full protection from COVID-19

Post-inoculation, Theresa Tam says the risk of asymptomatic infection and transmission is far lower but not obsolete

The dash cam footage, taken May 7 at 8:18 a.m. belonged to the driver of a southbound vehicle that recently travelled out of the tunnel. (Reddit/Screen grab)
VIDEO: Dash cam captures dramatic rollover crash on Highway 99

Only one person sustained injuries from the collision, says B.C. Ambulance Services

Chevy stranded on a ledge above a rocky canyon at Mimi Falls near Logan Lake, April 28, 2021. (Photo credit: Margot Wikjord)
Police officer and fire chief team up in risky rescue of stranded dog near Logan Lake

Chevy, a rescue dog, needed rescuing again after getting stuck on a ledge above rocky canyon

Most Read