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

Penticton Western News Publisher Warren Smith takes a look at the 2020 Best of the South Okanagan supplement appearing in today’s (Wednesday, Oct. 21) paper.
Hot off the Press: The Best of the South Okanagan

Check out Wednesday’s Penticton Western News for winners and favourites

File photo
EDITORIAL: The power of a single vote

In the Oct. 24 British Columbia election, every vote is important

RCMP stock photo (Black Press)
Kelowna RCMP investigating unexplained death of cattle

Cattle found dead near gravel road, east of the Kelowna Airport

The Community Foundation of the South Okanagan Similkameen is launching an initiative to provide horse-assisted therapy to frontline workers during the COVID-19 pandemic (Black Press file photo)
Community Foundation of South Okanagan Similkameen to provide horse-assisted therapy

Therapy sessions will be offered to frontline workers during ongoing COVID-19 pandemic

Provincial health officer Dr. Bonnie Henry presents modelling of COVID-19 spread in B.C., March 25, 2020. (B.C. government photo)
B.C. sets another COVID-19 record with 203 new cases

up to 1,766 active cases in B.C., two more deaths

Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

(Kelowna Capital News)
B.C. Labour Board orders Peachland cannabis company to reinstate laid-off employees

The B.C. Labour Relations Board determined the employees were laid off due to their plan to unionize

RCMP. (Phil McLachlan - Black Press Media)
British Columbia man dies during ski trip near glacier west of Calgary

Kananaskis Public Safety and Alpine Helicopters responded around 2:30 p.m.

Prime Minister Justin Trudeau arrives on Parliament Hill in Ottawa on Monday, Oct. 19, 2020, following a week-long break for the House of Commons. THE CANADIAN PRESS/Sean Kilpatrick
One crisis after another for Trudeau since last federal election one year ago

It has been a year of unprecedented calamity and crisis

Curtis Sagmoen
Public warning issued to North Okanagan sex trade workers

RCMP warns workers to stay away from Salmon River Road area

Two pigs roam the Salmon Arm Walmart parking lot during a prior visit photographed by Danielle Burgi. (Danielle Burgi photo)
Pigs trot over for a visit at Salmon Arm shopping centre

Employees say this was the second drop-in from the temporarily free-range porkers

Penticton law courts. (Black Press file)
Osoyoos man in court for alleged shooting

The Oct. 11 shooting left a man with non-life threatening injuries

Most Read