premier david eby announced a mini cabinet shuffle on friday, a day after finance minister brenda bailey revealed she was diagnosed with cancer.
replacing bailey in finance will be health minister josie osborne, whose portfolio will be replaced by jobs minister ravi kahlon, one of eby’s most-trusted lieutenants.
“budget preparations are already underway. the deadlines and milestones for this are set out well in advance, and september is an intense month. the work needs to continue and keep moving, and that’s exactly what will happen. it’s a very heavy workload, obviously, to carry while you are also going through cancer treatment,” said eby.
“i am very pleased that josie has agreed to take on the important challenge of being british columbia’s finance minister. she is one of the most experienced ministers around our table,” he said.
bailey will remain in cabinet but take on the portfolio of jobs and economic development while she undergoes treatment. she said in a linkedin post she hopes to return for the legislative session in october. energy minister adrian dix will fill in for her in the meantime.
the ndp mla for vancouver-south granville, bailey has been in charge of the powerful finance ministry since november 2024, with eby handing her the portfolio following the last provincial election and the retirement of kootenay west mla katrine conroy.
“i thank my colleagues for their support in finding what i think is really quite an elegant solution. i get back a file that i am deeply committed to and know very well, and i don’t slow down the budget process,” said bailey, who thanked those who have sent well wishes since her diagnosis.
over the past two years, the ndp government has faced mounting concerns over its budget, finishing $7.7 billion in the red in 2025-26 and projected to run a $13.3 billion deficit in 2026-27.