Budget 2022 provides $50 million to support implementation of the Stronger BC Economic Plan: A Plan for Today, A Vision for Tomorrow,
with investments to grow B.C.'s life sciences, manufacturing, and agricultural sectors, continue our commitment to Environmental,
Social and Governance values, and support reconciliation through economic development.
For example, funding of $200 million has been provided this year in grants to Genome BC and Michael Smith Health Research BC, creating
new scientific discoveries and economic opportunities with a significant increase in grants for a growing life sciences sector that
now includes more than 2,000 companies and employs 18,000 people in B.C.
Budget 2022 also delivers funding to support the continued growth of the mining sector, after 2021 saw more than $600 million in mining exploration. This is a 50 per cent increase over the previous year and the highest level in a decade, with growing demand
around the world for the minerals that will play a key role in our low-carbon future.