02/19/2013 02:29 EST | Updated 02/19/2013 02:32 EST

BC Budget 2013: Liberals Crunch The Numbers (LIVE BLOG)


The B.C. Liberals' last budget of this government is set to be delivered at 2 p.m. PT today.

On Monday, former Bank of Montreal economist Tim O'Neill, who was hired by the province, delivered his assessment of the provincial budget and recommended dropping its natural gas revenue estimates by about $70 million.

His report came after a throne speech that stated royalties from natural gas could eliminate the need for a provincial sales tax.

Follow our live blog on the latest budget speech developments: