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British Columbia government debt is composed of the financial liabilities of the Canadian provincial government of British Columbia. [1]: 81 As of 2023, the British Columbia (BC) total government debt (total liabilities) was $129.3 billion for the 2022-23 fiscal year (ending 31 March 2023). [2]
Canadian public debt, or general government debt, is the liabilities of the government sector. [1]: 23 Government gross debt consists of liabilities that are a financial claim that requires payment of interest and/or principal in future.
In recent years, B.C. has begun to expand natural gas export capacity to markets beyond North America in the form of liquefied natural gas (LNG) that can be shipped to Asia. [ 27 ] In 2018, the Government of British Columbia launched CleanBC, a plan to reduce emissions, advance the clean tech sector and grow B.C.’s low-carbon economy.
The Canadian federal budget for fiscal year 2015–16 was presented to the House of Commons of Canada by Joe Oliver on 21 April 2015. This was the last budget before the 2015 federal election . The budget was supposed to be presented in February or March before the fiscal year began on April 1, but was delayed because of the steep drop in oil ...
This is a list of countries by external debt: it is the total public and private debt owed to nonresidents repayable in internationally accepted currencies, goods or services, where the public debt is the money or credit owed by any level of government, from central to local, and the private debt the money or credit owed by private households or private corporations based on the country under ...
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In Canada, federal budgets are presented annually by the Government of Canada to identify planned government spending and expected government revenue, and to forecast economic conditions for the upcoming year. They are usually released in February or March, before the start of the fiscal year. All the Canadian provinces also present budgets.
And so on 20 July 1871, British Columbia became the sixth province to join Canada. In return for British Columbia entering Confederation, Canada absorbed BC's massive debt and promised to build a railway from Montreal to the Pacific coast within 10 years. Donald Alexander Smith drives in the last spike for the Canadian Pacific Railway in 1885.