Finance Minister Mike de Jong said he's disappointed with the slow job growth in B.C.

B.C. surplus won’t sweeten teacher offer

Forest fires costly this year, but tax and natural gas revenue have recovered to help boost surplus forecast to $266 million

VICTORIA – The B.C. government has increased its projected surplus for the year to $266 million, up $87 million from the July budget estimate.

Finance Minister Mike de Jong said taxation and natural resource revenue are running ahead of projections, based on results of the first quarter of the fiscal year. That was offset by unexpected costs for flood control this spring and a forest fire season expected to be one of the costliest on record at $350 million.

The budget surplus is enough to provide a a pay increase and other improvements to striking teachers, but what the union is currently asking for amounts to $315 million more than the government is offering, this year and every subsequent year, the finance ministry calculates.

De Jong said giving in to the B.C. Teachers’ Federation demands, including their proposal for class size and special needs support, would equate to an increase of $140 a year for the average personal income tax, or 4.8 cents per litre in gasoline tax.

Increasing the government’s offer or gambling on the results of binding arbitration would have a ripple effect on other public service unions, both those who settled for less and those who still have to reach agreements under the government’s bargaining mandate, he said.

NDP critic Carole James said arbitration in the teacher case isn’t “opening the flood gates.

“In fact binding arbitration when the parties are close, will take a look at the pattern of settlements, will take a look at the money that’s on the table, will take a look at the two parties, and resolve this,” James said.

 

Just Posted

Chef struck by car on Gorge Road dies in hospital

Khushal Singh Rana leaves behind a wife, four-year-old son and unborn twins

Young conductor to premiere new composition at Celebrate Canada concert Monday in Victoria

“Spirit of the True North” the latest musical accomplishment for View Royal’s Jared Richardson

Saanich Peninsula businesses recognized during annual Crystal Awards

Chamber of Commerce hosts 11th annual business excellence awards

Former Peninsula News Review carrier crowned Miss Teen Canada Globe

Anna Serogyna, a Grade 11 student at Stelly’s Secondary, did not intend… Continue reading

Rebels season over after loss in Cullen Cup Final

Westshore had won ten straight games prior to championship game

Sooke fudge company on Dragon’s Den Nov. 2

Fudge in A Round appearance on Dragon’s Den celebrated with a viewing party at the local Legion Nov. 2

10,000 signatures gained to stop ‘no pets’ rental policy

Pets OK BC said about 1,700 animals were surrendered to the BC SPCA last year due to housing issues

Silver Creek reacts after remains found, man arrested

Neighbours of property where remains were found say man arrested was sweet and polite

VIDEO: Oprah Winfrey and a celebrities attend ‘B.C. Miracle Concert’

Fundraiser featured Foster, Steven Tyler, The Tenors, Matteo Bocelli, Laura Bretan, Carly Rae Jepsen

Council to hold public hearing on EDPA report Oct. 28

Saanich residents will finally get a chance to comment on a long-awaited… Continue reading

Book recycling program helps Peninsula families

It has been 12 years since Daphne Macnaughton was principal of Saanichton… Continue reading

Human remains found at Silver Creek property

RCMP have been searching the property in the 2200 block of Salmon River Road for the past three days

Pumpkins’ versatility goes beyond Halloween

Linda Geggie For the Saanich News Get this. My 13-year-old just came… Continue reading

New B.C. acute care centre opens for young patients, expectant mothers

Facility aims to make B.C. Children’s Hospital visits more comfortable

Most Read