The B.C. government will immediately launch a new round of major cuts because of a three-year, $1.1-billion hit to provincial revenues caused by plummeting natural gas prices, Finance Minister Mike de Jong announced Thursday.
Speaking to reporters, de Jong promised an immediate hiring freeze across government and a wage freeze for public sector managers, including those at schools, universities and health organizations. He also signalled a possible ratcheting-up of the already tense negotiations between the province and its public sector unions.
“Call these austerity measures — they are designed to immediately curtail spending in areas where government has some discretion”