Since the February 2009 BC Budget, the severity of BC’s recession
has meant $1.2 billion less in personal, corporate and sales
tax revenues and $826 million more in expenses. The province
now estimates our deficit at a record $2.8 billion.
To help lead the province out of recession, the September
Budget Update, released on September 1, includes spending
cuts and new taxes.
Highlights for home buyers
How does the September Budget Update affect home bu...