BC Newsroom - Finance

Government ends self-regulation, strengthens consumer protection in real estate industry

Thu, 06/30/2016 - 06:40
Premier Christy Clark announced that government will end the industry self-regulation in the real estate industry and overhaul governance, oversight, transparency and accountability of the sector. 2016-06-29T13:00:00-07:00 2016-06-29T13:00:00-07:00 Province of BC

Acting information and privacy commissioner appointed

Thu, 06/30/2016 - 06:40
Drew McArthur has been appointed British Columbia’s acting information and privacy commissioner. 2016-06-29T15:02:00-07:00 2016-06-29T15:02:00-07:00 Province of BC

Response to the Independent Advisory Group’s report on B.C.’s real estate sector

Wed, 06/29/2016 - 06:40
Finance Minister Michael de Jong made the following statement in response to the Real Estate Council of B.C. releasing the Independent Advisory Group’s final report on B.C.’s real estate sector. 2016-06-28T14:40:00-07:00 2016-06-28T14:40:00-07:00 Province of BC

Modest enhancement of Canada Pension Plan sustains future retirement income

Tue, 06/21/2016 - 06:40
Finance ministers reached consensus on an agreement-in-principle to recommend a modest and balanced incremental enhancement to the Canada Pension Plan, starting in 2019 and phased in over seven years until 2025.                          2016-06-20T16:44:00-07:00 2016-06-20T16:44:00-07:00 Province of BC

Province celebrates B.C. public service

Wed, 06/15/2016 - 06:40
Michael de Jong, QC, Minister of Finance and minister responsible for the Public Service Agency, has issued the following statement acknowledging Public Service Week: 2016-06-14T09:00:00-07:00 2016-06-14T09:00:00-07:00 Province of BC

Consultation with privacy commissioner refines approach to proactive release

Thu, 06/09/2016 - 06:40
The Province is now proactively publishing summaries of active Freedom of Information (FOI) requests to increase government transparency and accountability for the timeliness of responses. 2016-06-08T09:15:00-07:00 2016-06-08T09:15:00-07:00 Province of BC

Provincial programs help with property taxes

Thu, 06/02/2016 - 06:40
With municipal and rural property tax deadlines just around the corner, home owners can look into several provincial programs that may help with some of the financial pressures of home ownership. 2016-06-01T10:30:00-07:00 2016-06-01T10:30:00-07:00 Province of BC

Green financing for new Penticton patient care tower

Fri, 05/27/2016 - 06:40
The green bond issued to finance Penticton Regional Hospital’s new patient care tower and parkade is one of only two issuances to date for B.C. public-private partnership projects. 2016-05-26T15:00:00-07:00 2016-05-26T15:00:00-07:00 Province of BC

Economic Stability Mandate brings longer-term agreements, economic benefits

Thu, 05/12/2016 - 06:40
Bargaining under the 2014 Economic Stability Mandate is now substantially complete, with 99% of the British Columbia public sector covered by tentative and ratified agreements negotiated under the mandate. 2016-05-11T12:32:00-07:00 2016-05-11T12:32:00-07:00 Province of BC

New real estate contract rules protect sellers

Wed, 05/11/2016 - 06:40
New regulations that further protect sellers in residential real estate transactions have been approved and will take effect May 16, 2016. 2016-05-10T13:00:00-07:00 2016-05-10T13:00:00-07:00 Province of BC

New measures enhance B.C. government openness, transparency

Tue, 05/10/2016 - 06:40
The B.C. government will begin proactively releasing several new categories of records commonly requested through Freedom of Information (FOI). 2016-05-09T15:25:00-07:00 2016-05-09T15:25:00-07:00 Province of BC

BC Liquor Stores raise more than $360,000 for Dry Grad

Fri, 05/06/2016 - 06:40
High school graduation is a significant rite of passage and this year about 52,000 British Columbia students will celebrate at safe, alcohol-free events, thanks in part to BC Liquor Stores’ annual Support Dry Grad campaign. 2016-05-05T09:00:00-07:00 2016-05-05T09:00:00-07:00 Province of BC

New film tax credit rates give industry certainty and protect taxpayers

Tue, 05/03/2016 - 06:40
Consultations with the B.C. film and television industry have led to proposed adjustments to the province’s film tax credit rates that provide certainty to the film industry while keeping the subsidy affordable for taxpayers. 2016-05-02T08:45:00-07:00 2016-05-02T08:45:00-07:00 Province of BC

NStQ First Nations vote to approve Agreement-in-Principle

Sat, 04/30/2016 - 06:40
Aboriginal Relations and Reconciliation Minister John Rustad released the following statement, in response to members of Northern Secwepemc te Qelmucw (NStQ) voting in favour of ratifying their treaty Agreement-in-Principle: 2016-04-29T10:30:00-07:00 2016-04-29T10:30:00-07:00 Province of BC

DBRS confirms B.C.’s AA (high) rating

Fri, 04/29/2016 - 06:40
Dominion Bond Rating Service (DBRS) has confirmed British Columbia’s AA (high) credit rating, thanks to the Province’s strong fiscal discipline and declining debt burden. 2016-04-28T11:00:00-07:00 2016-04-28T11:00:00-07:00 Province of BC

Standard and Poor’s affirms B.C.’s AAA-stable credit rating

Wed, 04/27/2016 - 06:40
Standard and Poor’s has affirmed British Columbia’s AAA credit rating and stable outlook, praising the Province’s strong economy, budgetary and fiscal performance. 2016-04-26T10:30:00-07:00 2016-04-26T10:30:00-07:00 Province of BC

B.C. aerospace firm to refurbish Sultan of Johor’s helicopters

Tue, 04/26/2016 - 06:40
Heli-One of Delta will refurbish two helicopters for the Sultan of Johor, Malaysia, under a new $8-million (US) contract, concluded during the recent three-day visit of His Majesty, Sultan Ibrahim Ibni Almarhum Sultan Iskandar. 2016-04-25T15:00:00-07:00 2016-04-25T15:00:00-07:00 Province of BC

Fruitful discussions between the Québec and British Columbia finance ministers

Sat, 04/16/2016 - 06:40
After a meeting in Montréal, the Minister of Finance of Québec, Carlos Leitão, and the Minister of Finance of British Columbia, Michael de Jong, said they had fruitful discussions on a number of economic issues, and reiterated their desire to work closely to address the concerns shared by both provinces. Among other things, the ministers pointed out that Québec and British Columbia are the only two provinces to have tabled a balanced budget this year. 2016-04-15T12:02:00-07:00 2016-04-15T12:02:00-07:00 Province of BC

Money laundering, illegal gaming the focus of new joint policing unit

Tue, 04/12/2016 - 06:40
The Government of British Columbia and the Province’s anti-gang agency are joining forces to form a co-ordinated investigation unit designed to crack down on illegal gaming and money-laundering in B.C.’s gaming facilities. 2016-04-11T10:30:00-07:00 2016-04-11T10:30:00-07:00 Province of BC

Moody’s affirms British Columbia’s Aaa rating and stable outlook

Fri, 04/08/2016 - 06:40
Moody’s Investors Service has affirmed British Columbia’s Aaa credit rating and stable outlook, thanks to the province’s diverse economy and strong fiscal management. 2016-04-07T11:15:00-07:00 2016-04-07T11:15:00-07:00 Province of BC