In the 2020 budget, the B.C. government made new capital commitments totalling $22.9 billion over three years – the province’s highest level of spending in history.
“From new roads, hospitals, housing, schools and child care centres to better, more affordable services in every community, we’re seeing fundamental changes that are making life better for British Columbians,” said Carole James, Minister of Finance.
Work that is underway on new and upgraded hospitals and health facilities, highway and transit projects, schools and new housing is expected to support more than 100,000 direct and indirect jobs during construction.
Capital investments over the three-year fiscal plan period include:
- Health: $6.4 billion to support new construction projects and upgrading of health facilities, medical and diagnostic equipment, and information management systems. Major projects include redevelopment of the Royal Columbian Hospital in New Westminster, new patient care towers at the Royal Inland Hospital in Kamloops and the Penticton Regional Hospital, replacing Mills Memorial Hospital in Terrace and building a new St. Paul’s Hospital in Vancouver (photo above).
- Transportation: $7.4 billion for priority projects, including the Pattullo Bridge replacement, the Broadway Subway, four-laning on Highway 1 through Kicking Horse Canyon and improvements to highway corridors in Delta, Langley and along the southern coast of Vancouver Island.
- Education: $2.8 billion to maintain, replace, renovate or expand K-12 facilities in North Vancouver, Sooke School District, Quesnel, Coquitlam, the Greater Victoria School District, Vancouver, Abbotsford and an addition to Valleyview Secondary in Kamloops. Many of these new and upgraded schools will also include neighbourhood learning centres and child care spaces.
- Post-secondary education: $3.1 billion to build capacity and help meet the province’s future workforce needs in key sectors, including health, science, trades and technology. Projects include a new health science building for students at the British Columbia Institute of Technology in Burnaby.
- Housing: More than $1 billion over three years will support the construction of new low- and middle-income housing throughout B.C. This includes more housing for seniors, Indigenous peoples and families. Budget 2020 also provides an additional $56 million for 200 new units of supportive modular housing for people who are homeless or at risk of homelessness.
