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B.C. finance minister predicts blanced budget by 2013-14
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The Canadian Press
Date: Monday Feb. 6, 2012 2:04 PM ET
VICTORIA — Finance Minister Kevin Falcon predicts the B.C. government should balance its books by the next fiscal year.
Falcon made the comments in a release this morning as he issued updated projections by the B.C. Economic Forecast Council.
He says the council expects the provincial economy to post 2.2 per cent growth this year, unchanged from earlier predictions, but the 2013 forecast has been trimmed one-tenth of a point to 2.5 per cent.
The council's forecast average for the 2014-16 period remains the same at 2.7 per cent.
Falcon says the Liberal government's fiscal plan to control spending and protect revenues will allow him to balance the budget by the 2013-2014 fiscal year.
He points to breathing room created by some stabilization in the U.S. economy, but says the province must still be cautious to protect itself from an uncertain global economy, including the European debt crisis.
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I feel that if certain organs were in demand, less effort would be made to revive people. Am I being silly? Not really. I had a bad experience in hospital when my heart stopped, the doctors tried to revive me and failed. They stopped and said I was gone. I came around on my own when the nurse was giving a final BP reading of 'zero'. I heard her declare me dead! It was all I could do to shake my head but they never caught on til I was able to open my eyes. You should have seen them scramble then! I thought the nurse was going to faint. The thing is, I think we may write people off too soon when there is something of value to be gained from them.
