Tag: BUDGET

Fiscal update shows B.C. deficit climbing to $13.8B, despite revenue boost

Budget 2026 projected a deficit of $13.3 billion in February, but the Ministry of Finance said Monday it now expects a deficit of nearly $13.8 billion.

Errors in B.C. budget leave $1.5B hole in B.C.’s natural gas revenue forecast

British Columbia overstated its projected natural gas royalty revenues by about $1.5 billion over five years because of calculation errors.

B.C. urged to drop PST expansion after multiparty committee calls for repeal

A B.C. legislature committee made up of government and opposition MLAs is calling on the province to scrap its planned expansion of the provincial sales tax to professional services.

Business groups urge B.C. to scrap planned PST expansion on professional services

Several business and industry groups came together Tuesday to call on the B.C. government to scrap plans to expand the provincial sales tax to certain professional services.

B.C. crafters in knots over addition of PST to yarn, fabric, other materials

British Columbia crafters and small businesses are expressing dismay that the provincial sales tax will be expanded to yarn, fabrics and other materials.

Eby defends B.C. budget after trade board gives 2026 plan a “D”

Premier David Eby defended his government’s latest budget Friday after the Greater Vancouver Board of Trade gave the fiscal plan a “D” grade, citing a rising deficit and billions more in projected debt.

Advocates hope for a program revamp as B.C. pauses $10-a-day child-care enrolment

Some child-care advocates say they are cautiously optimistic despite the British Columbia government’s decision to pause expansion of the $10-a-day child-care program.

B.C. government presents budget with higher taxes, $13.3B deficit

British Columbia’s government presented its budget Tuesday, featuring a record-high deficit, increased income taxes and a plan to rein in spending.

B.C. forecast to reach record high $11.6B deficit this year

British Columbia’s deficit is only going up, according to the latest budget update.

Survey finds support for paid on-call model for Port Hardy firefighters

PORT HARDY, B.C.- The District of Port Hardy has released the results from a survey concerning the pay of...

Islands Trust Chair Offers Budget Preview

A number of issues will be on the table at the next quarterly meeting of the Islands Trust Council. ...

Port Hardy adopts financial plan

The District of Port Hardy has adopted its financial plan. The plan includes a 3.1% tax increase for residential tax...

Port Hardy Mayor pleased with 2017 budget

The Mayor of Port Hardy says he's pleased with how this year's budget is looking. Council presented its draft financial...

Taking a look at BC’s budget

BC's Committee on Finance and Government Services has released the results of its annual budget consultations. Chair Scott Hamilton says...

Budget didn’t impress opposition MLA’s

The new B-C budget didn't impress opposition M-L-A's. The financial plan included changes to MSP premiums that exempt children but couples who...
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Advocates urge next B.C. government to address water scarcity as El Niño forecast adds to drought concerns

A potentially powerful El Niño could worsen drought conditions across B.C., prompting calls for stronger water protection measures from the next provincial government.

Advocates urge next B.C. government to address water scarcity as El Niño forecast adds to drought concerns

A potentially powerful El Niño could worsen drought conditions across B.C., prompting calls for stronger water protection measures from the next provincial government.

B.C. loses more than 20,000 jobs in September as unemployment rate stays steady

British Columbia lost more than 20,000 jobs in September, sparking a political clash over the province’s economic direction.

B.C. Conservatives propose income tax cuts as NDP, Greens unveil election promises

B.C.'s major political parties are pitching tax cuts, frozen auto insurance rates and education improvements as the provincial election campaign continues.

B.C. Conservatives drop Victoria-Beacon Hill candidate over racist social media posts

The B.C. Conservatives have dropped their Victoria-Beacon Hill candidate after racist social media posts and comments appearing to support violence surfaced.
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