Fraser Institute News Release: B.C. government per-person spending in 2022/23 almost 20% higher than 2019 despite end of pandemic
government has changed course from nearly two decades of restrained spending to record-high spending levels as measured by per-person spending adjusted for inflation,” said Ben Eisen, senior fellow at the Fraser Institute and co-author of British Columbia’s Current Spending Peak: Highest in History, Highest Growth in Canada.
- government has changed course from nearly two decades of restrained spending to record-high spending levels as measured by per-person spending adjusted for inflation,” said Ben Eisen, senior fellow at the Fraser Institute and co-author of British Columbia’s Current Spending Peak: Highest in History, Highest Growth in Canada.
- government spending (in 2022/23) reached its highest point ever on a per-person basis ($14,275) after adjusting for inflation, higher than during the height of the pandemic ($13,899).
- As a result, the government projects a $5.6 billion budget deficit this fiscal year.
- To protect the Institute’s independence, it does not accept grants from governments or contracts for research.