Weaver: Budget Update 2017 demonstrates value of minority governments, underscores need for long-term economic vision

September 11, 2017

VICTORIA, B.C. – Andrew Weaver, leader of the B.C. Green caucus, responded to the Budget 2017 September Update delivered by Finance Minister Carole James today.

“We are thrilled with the introduction of this budget that puts people first,” Weaver said.

“The budget provisions for education, child care, affordable housing and essential services are long overdue investments in our future. We are also delighted that the pathway has been set to eliminate MSP premiums, a priority that BC Greens have championed for years.

“A strong sustainable economy is essential for the well-being of British Columbians. It is exciting to see that the key budget initiatives aimed at growing and diversifying B.C.’s economy originated in the B.C. Greens’ platform. The ideas of an Innovation Commissioner to champion the B.C. tech sector and the Emerging Economy Task Force to address the changing nature of business were born out of extensive consultations we conducted with businesses and entrepreneurs. The Fair Wages Commission and the basic income pilot project will improve income security for British Columbians while the carbon tax measures will help spur innovation in our economy. I look forward to seeing them implemented so that we can ensure B.C. is a leader in the changing global economy.

“The budget update also underscores the need for a long-term vision for the economic future of this province. While traditional indicators like GDP growth and job creation are encouraging, they do not tell the whole story of the health of our economy. In particular, it is worrisome that B.C.’s economic growth remains so dependent on the housing market, the growth of which has priced many British Columbians out of their own communities. The global economy is rapidly changing, with challenges and opportunities arising from trends like technological automation, climate change and the evolving nature of work. It is crucial that B.C. is prepared to address these issues head-on so that we can ensure British Columbians across the province can continue to enjoy a good quality of life for generations to come.”

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Jillian Oliver, Press Secretary
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