VANCOUVER - A national bond rating company says B.C.'s finances remain strong despite the troubled economy, but the province will likely have to reduce some of its financial projections.
The Dominion Bond Rating Service says prudent financial management by the provincial Liberals in recent years has left B.C. in good shape to weather the world economic crisis.
The budget introduced last month projects two years of deficits before the province returns to a balanced position, but Dominion says some economic forecasts will probably have to be scaled back because of continuing problems in the national economy.
The agency says the biggest risk to projections is a possible slide in corporate and personal income tax payments.
B.C. voters go to the polls on May 12, and it's likely a new budget will be presented after the election.
Dominion says that post-election budget could be sharply different than the one introduced in February.
