Ministry of Finance and Corporate Relations Honourable Andrew Petter, Minister

Overview

Economic Review and Forecast

1996 Below Expectations
Recovering in 1997 and 1998

A Plan for Fiscal Sustainability

Principles of Fiscal Sustainability
1997/98 -- Deficit Cut by More than Half
Debt Management
Prudent Economic Assumptions

Key Priorities

Jobs for British Columbians
Health Care
Education
Support for Working Families
Cutting the Cost of Government

Revenues

Conclusion

Charts

B.C.'s Debt Costs Lowest in Canada
Steady Progress in Reducing the B.C. Deficit
Comparing B.C.'s Debt with Other Provinces
B.C. Leads Canada in Job Growth
Government Spending Focused on Top Priorities: Health Care and Education

BC Ministry of Finance and Corporate Relations

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