BC Newsroom - Finance

The British Columbia government and Airbnb have reached an arrangement allowing the online company to collect provincial sales taxes on all short-term rentals conducted through its platform — a move that will help fund housing affordability measures for British Columbians — Finance Minister Carole James announced today. 2018-02-07T11:45:00-08:00 2018-02-07T11:45:00-08:00 Province of BC

Moody’s has confirmed British Columbia’s Aaa long-term credit rating, citing the province’s strong economy, and the provincial government’s prudent fiscal management and budgeting safeguards, Finance Minister Carole James said. 2018-01-19T08:30:00-08:00 2018-01-19T08:30:00-08:00 Province of BC

The Province is raising the 2018 homeowner grant threshold to $1.65 million, ensuring the same percentage of British Columbia homes are below the threshold as in 2017. 2018-01-03T08:30:00-08:00 2018-01-03T08:30:00-08:00 Province of BC

Medical Services Plan (MSP) premiums will be cut by 50% on Jan. 1, 2018, marking an important step toward improving fairness for all British Columbians, Finance Minister Carole James said today. 2017-12-27T08:30:00-08:00 2017-12-27T08:30:00-08:00 Province of BC

An agreement with the federal government that would see the majority of cannabis revenue flow to the Province has been reached today, following Finance Minister Carole James’ successful federal-provincial meeting in Ottawa. 2017-12-11T15:20:00-08:00 2017-12-11T15:20:00-08:00 Province of BC

British Columbia is expected to outperform Canada with strong, stable economic growth this year, Finance Minister Carole James said, following an annual meeting with the Economic Forecast Council. 2017-12-01T14:30:00-08:00 2017-12-01T14:30:00-08:00 Province of BC

B.C. businesses will see savings in the new year, resulting from the Province’s 50% cut to the provincial sales tax (PST) on non-residential electricity, Finance Minister Carole James announced today. 2017-11-29T09:30:00-08:00 2017-11-29T09:30:00-08:00 Province of BC

British Columbia’s second quarter results show the province’s economic outlook remains positive. 2017-11-28T11:30:00-08:00 2017-11-28T11:30:00-08:00 Province of BC

Premier John Horgan celebrated the exceptional achievements of B.C.’s public service at the annual Premier’s Innovation and Excellence Awards ceremony on Nov. 21, 2017. 2017-11-22T08:00:00-08:00 2017-11-22T08:00:00-08:00 Province of BC

Premier John Horgan has announced a new Diversity and Inclusion Action Plan to attract, develop and retain diverse talent to the BC Public Service. 2017-11-21T14:00:00-08:00 2017-11-21T14:00:00-08:00 Province of BC

British Columbia has returned to China’s bond market today, ensuring continued access to the third-largest capital market in the world, announced Finance Minister Carole James. 2017-11-17T18:00:00-08:00 2017-11-17T18:00:00-08:00 Province of BC

Standard and Poor’s (S&P) has confirmed B.C.’s ‘AAA’ long-term credit rating reflecting the Province’s superior financial management practices, strong economy, and robust liquidity, Finance Minister Carole James announced today. 2017-11-16T09:30:00-08:00 2017-11-16T09:30:00-08:00 Province of BC

Statistics Canada confirms British Columbia’s economy grew by 3.5% in 2016, exceeding last February’s forecast of 2.7% provided by the Economic Forecast Council (EFC). 2017-11-09T14:30:00-08:00 2017-11-09T14:30:00-08:00 Province of BC

The Province has established a task force of experts to advise the government on eliminating Medical Services Plan (MSP) premiums within four years, Finance Minister Carole James announced today. 2017-11-02T13:00:00-07:00 2017-11-02T13:00:00-07:00 Province of BC

Finance Minister Carole James will meet with banks, investment firms and credit rating agencies to discuss the Budget 2017 Update. 2017-10-06T10:45:00-07:00 2017-10-06T10:45:00-07:00 Province of BC

To help inform the development of Budget 2018 and the next three-year fiscal plan, Finance Minister Carole James announced a review of financial information submitted to the Province by specific Crown corporations and the broader schools, universities, colleges and health (SUCH) sector. 2017-09-26T10:00:00-07:00 2017-09-26T10:00:00-07:00 Province of BC

To make commercial lending more viable for credit unions, Finance Minister Carole James has announced a reduction in the amount of capital a British Columbia-incorporated credit union must hold in relation to commercial loans and leases. 2017-09-21T10:15:00-07:00 2017-09-21T10:15:00-07:00 Province of BC

British Columbia’s new government has released a budget update that puts people first, Finance Minister Carole James announced today.  2017-09-11T14:25:00-07:00 2017-09-11T14:25:00-07:00 Province of BC

Finance Minister Carole James has issued the following statement about the 2022 Commonwealth Games bid: 2017-08-24T15:31:00-07:00 2017-08-24T15:31:00-07:00 Province of BC

Finance Minister Carole James released the 2016-17 Public Accounts showing the Province’s financial picture as of March 31, 2017.  2017-08-22T10:00:00-07:00 2017-08-22T10:00:00-07:00 Province of BC