The Fall 2020 Economic and Fiscal Update confirms the forecasted provincial deficit at $13.6 billion, which includes an additional $2 billion for new COVID-19 supports for British Columbians through B.C.’s Recovery Benefit and Recovery Supplement.

A majority of British Columbians will get a lift with the launch of the B.C. Recovery Benefit, enabling many families and individuals to receive the benefit by the end of the year.

Premier John Horgan has announced a new cabinet that will focus on keeping people healthy and safe through the COVID-19 pandemic.

Premier John Horgan connected with faith leaders from around the province to encourage British Columbians to limit in-person celebrations during upcoming religious and cultural celebrations and over the upcoming holiday season.

Premier John Horgan and Carole James, Minister of Finance, have released StrongerBC for everyone: BC’s Economic Recovery Plan.

Despite strong fiscal results in the first three quarters of 2019-20, unforeseen changes in the fourth quarter due to COVID-19, including declines in tax revenues, ICBC losses and early measures to tackle the pandemic, affected the Province’s 2019-20 financial results.