BC budget highlights

The province announced its 2010-11 budget just before Ring press time. Funding to the post-secondary sector remains stable at $1.88 billion while full-time equivalent student numbers at BC’s post-secondary institutions are also projected to remain stable.

The capital budget for the post-secondary sector will decline substantially by 2012-13. The government had previously announced that post-secondary institutions will not have to pay additional tax once the harmonized sales tax is introduced in July. Universities and colleges will qualify for rebates on the 5-per-cent federal portion of the HST and on the 7-per-cent provincial portion of the HST where applicable.

Further provincial budget highlights »