Credible case BC Liberals can pay for Throne Speech promises: UBC economist – Globalnews.ca

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British Columbia Premier Christy Clark, left, and NDP leader John Horgan, right, look on as B.C. Lieutenant Governor Judith Guichon gives the Speech from Throne in Victoria, Thursday, June 22, 2017.

A UBC economist says its entirely possible the money is there to pay for more than $1.5-billion in new spending pledged in the BC Liberal Throne Speech.

The Liberals raised eyebrows on Thursday by reversing course on a number of policies they had previously campaigned against, borrowing big ticket platform planks like $1-billion for child care or scrapping bridge tolls from the NDP.

In the wake of the speech, Finance Minister Mike de Jong justified the new spending with reference to an improved economic forecast.

READ MORE: Power hangs in the balance following Throne Speech at the B.C. Legislature

LISTEN: Economist Kevin Milligan explains why the government may have more money to spend than the February budget accounted for

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Credible case BC Liberals can pay for Throne Speech promises: UBC economist - Globalnews.ca

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