B.C. budget brings record deficit, billions in trade-war contingencies

VICTORIA — The days leading up to British Columbia Finance Minister Brenda Bailey’s first budget had been a blur, she said, each “blended into the other” as she and her staff tried to keep up with unspooling developments in a potential Canada-U. S. trade war.

Hours after that conflict became a reality on Tuesday, Bailey unveiled a budget that she said defended the province against U.S. President Donald Trump’s “unjustified” tariffs on Canadian goods that risked tens of thousands of jobs and tens of billions in economic losses for B.C.

The budget includes a record deficit that tops $10 billion for the first time, as well as $4 billion

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