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

Documentary reminds of many unanswered questions about Granger Taylor’s disappearance

‘Spaceman’ was the name of the CBC documentary but where, really, did the Duncan man go in 1980?

Fifth pick Braylon Lumb leads Cowichan trio at WLA draft

Junior B players Robertson and Martin also selected

Julia Ullrich delighted to be playing Maria in ‘The Sound of Music’

Rehearsing with the children and the talented musicians has been a special highlight for her

UPDATE: Missing Duncan woman found

35-year-old Raine Cook has been located

Indoor tournaments showcase Cowichan Valley field hockey talent

Local players on top two teams at senior tournament, Cowichan Typhoons finish second at U18 event

VIDEO: Canada’s flag turns 54 today

The maple leaf design by George Stanley made its first appearance Feb. 15, 1965

Cowichan Coffee Time: New faces and chipping in

• Duncan resident Gianpierro (GP) Denomme is the newest volunteer member of… Continue reading

Eight cases of measles confirmed in Vancouver outbreak

Coastal Health official say the cases stem from the French-language Ecole Jules Verne Secondary

Plecas won’t run in next election if B.C. legislature oversight reforms pass

B.C. Speaker and Abbotsford South MLA says he feels ‘great sympathy’ for Jody Wilson-Raybould

Workshop with ‘accent reduction’ training cancelled at UBC

The workshop was cancelled the same day as an email was sent out to international students

Man in Vancouver Island hotel shooting pleads guilty to second-degree murder

Brandon Tyler Woody, from Victoria, to be sentenced in late March in B.C. Supreme Court

Former B.C. premier Gordon Campbell accused of sexual touching

Accuser went to police, interviewed by Britian’s Daily Telegraph

Judge rules Abbotsford home must be sold after son tries to evict mom

Mom to get back down payment and initial expenses

Trump officially declares national emergency to build border wall

President plans to siphon billions from federal military construction and counterdrug efforts

Most Read