Canada's British Columbia trims 2015-16 budget surplus forecast

Tue Nov 24, 2015 2:07pm EST
 
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VANCOUVER Nov 24 (Reuters) - British Columbia projected on Tuesday a revised budget surplus of C$265 million ($199.26 million) in fiscal 2015-16, down C$12 million from its first-quarter forecast.

British Columbia's real gross domestic product (GDP) is forecast to grow by 2 percent in 2015 and 2.4 percent in 2016, unchanged from its previous forecast.

($1 = 1.3299 Canadian dollars) (Reporting by Nicole Mordant in Vancouver; Editing by Chris Reese)