Government highlights plans for innovation, consumer protection
The province is delaying a surplus for the third year in a row
Pre-budget submissions also float single insurance licensing system among provinces, fiduciary standard for advisors
The budget forecasts a deficit of $498M on total spending of $27.3B
The Ministry of Finance estimates the measure will spark an additional 8,000 housing starts
The province is not raising taxes or cutting services as part of the budget
Budget focuses on extensions and changes to support AI, media and culture
Province’s GDP expected to grow by 1.1% in 2026, if U.S. tariffs on Canadian goods are stable
Health care spending to rise 17.4% as public service sees cuts
The reversal comes just over two weeks after Houston's government tabled its budget