B.C. debt grows 50 per cent in two years to $134b despite lower

British Columbia is weighed down by rapidly growing debt despite a lower-than-forecasted deficit for 2024, something that Finance Minister Brenda Bailey said the government is working hard to address.

But Bailey said the province needs to grow its revenue in addition to finding efficiencies in spending, a challenge in the economic uncertainty driven largely by tariffs imposed by the United States.