Budget 2023 Summary

2022 Shared Recovery Mandate Provides wage increases and inflation protection for B.C. public sector workers to help improve essential services - like health care and education Estimated to cost $10.8 billion over the three-year mandate term (2022/23 to 2024/25) with ongoing annual costs of $5.4 billion Budget 2023 provides $7.6 billion over three years in ministry base budget funding for signed agreements as of December 31, 2022; and $7.5 billion is set aside in contingencies for pending agreements and potential cost-of-living adjustments 21

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