01/13/2014 02:42 EST | Updated 01/23/2014 06:56 EST

When Is B.C. Budget 2014?


B.C.'s Liberal government will unveil its budget on Feb. 18 this year.

The government was on track to balance its books with a surplus of $165 million at the end of last year, Finance Minister Mike de Jong said in a budgetary update in November.

That estimate was higher than a forecast from last September, but down from a projected surplus of $197 million in the February 2013 budget.

The 2014 budget will be unveiled amid negative feedback for the B.C. Jobs Plan, which banks on exports to Asia such as liquefied natural gas (LNG) to boost the province's economy.

B.C. has lost 6,700 private-sector jobs since the plan was introduced in 2011, the worst record in the country, according to B.C. NDP finance critic Mike Farnworth.

Premier Christy Clark refused to ditch the plan in a year-end interview with The Canadian Press. She admitted that positive results have been slow but added that she hopes to see some final investment decisions on LNG in 2014.

Budget day is scheduled exactly one week after the Throne Speech on Feb. 11, when B.C.'s lieutenant-governor will outline the government's policy priorities for the coming legislative session.

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