Premier John Horgan is joined by Finance Minister Carole James during a press conference at Legislature in Victoria, B.C., on Wednesday, May 15, 2019. The British Columbia government is expected to reveal how it plans to stimulate an economic rebound from the COVID-19 pandemic today. Horgan and James are scheduled to release details of the $1.5-billion economic recovery plan this afternoon. THE CANADIAN PRESS/Chad Hipolito

B.C. government set to release plan to recharge economy after COVID-19 blow

The announcement comes as daily cases of COVID-19 surpass 100

The British Columbia government is expected to reveal how it plans to stimulate an economic rebound from the COVID-19 pandemic.

Premier John Horgan and Finance Minister Carole James are scheduled to release details today of the $1.5-billion economic recovery plan.

Last week, James announced the province’s most recent financial numbers from April to June project an economic decline of 6.7 per cent for this year.

She said the budget is forecast to post a deficit of almost $13 billion for the 2020-21 fiscal year.

The Opposition Liberals have accused the NDP government of being too slow in responding to the economic devastation of the pandemic, noting other provinces released their plans months ago.

The announcement comes as daily cases of COVID-19 surpass 100 and amid speculation that Horgan is considering calling an early election ahead of next fall’s fixed date.

READ MORE: Premier Horgan peppered with questions about potential fall election in B.C.

The Canadian Press


Like us on Facebook and follow us on Twitter.

Want to support local journalism during the pandemic? Make a donation here.

British ColumbiaCoronavirus

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

Just Posted

Rupal Tanna behind the counter at the new Crofton Pharmacy. (Photo by Don Bodger)
Crofton Pharmacy open for business

Residents not able to travel happy for the convenience

The road into Crofton will be a lot nicer when the roller coaster bumps are taken out of Crofton Road. (Photo by Don Bodger)
Crofton Road improvements to start taking shape Nov. 2

It’ll be a long haul until next summer to get it done and motorists should expect delays

Cowichan-Malahat-Langford MP Alistair MacGregor has expressed concerns about the excessive freighters parked in the Salish Sea for quite some time. (Photo submitted)
MacGregor introduces bill to address freighter anchorages

Concerns about the environment, noise, pollution and safety abundant

Doug Routley of the NDP is relaxed after learning he’d won a fifth term as MLA. (Photo submitted)
NDP dominance continues in Nanaimo-North Cowichan with Routley’s reelection

Runner-up Istace enthused about the rise of the Greens in the riding and the province

Provincial health officer Dr. Bonnie Henry arrives for briefing on the COVID-19 situation, B.C. legislature, Oct. 26, 2020 (B.C. government)
B.C. records 217 more COVID-19 cases, mask use urged

Infection spike continues, 21 senior facilities affected

Seven-year-old Aaliyah Rosa was found dead in an apartment in Langley in July. (Langley Advance Times files)
Child’s body cold, no pulse: Off-duty cop testifies in Langley mother’s murder trial

The seven-year-old girl’s mother faces a first-degree murder charge

A picture of John taken at Children’s Hospital Vancouver last week. Photo courtesy, Alicia Sewid.
RCMP investigating after young boy run over by SUV in Campbell River parking lot

The seven-year-old has multiple injuries including a broken pelvis and was admitted to Children’s Hospital in Vancouver

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

Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

People march during a climate strike in Montreal, Friday, Sept. 27, 2019. THE CANADIAN PRESS/Graham Hughes
Judge rejects 15 youths’ climate change lawsuit against Canadian government

Justice Michael Manson has granted the government’s motion to strike the plaintiffs’ claim

A video message from Mrime Minister Justin Trudeau was streamed to attendees at the State of the Island Economic Summit on Tuesday morning. (Vancouver Island Economic Alliance image)
Prime minister greets Vancouver Island economic summit attendees

Vancouver Island Economic Alliance conference being held virtually this week

A woman walks through check in at WestJet at Pearson International airport during the COVID-19 pandemic in Toronto on Wednesday, Oct. 14, 2020. THE CANADIAN PRESS/Nathan Denette
Strong support for pre-flight COVID testing ahead of upcoming WestJet trial: YVR

Airport is partnering with UBC, which is helping choose the method of pre-flight testing

Most Read