BC Newsroom - Finance

Private-sector forecasters expect B.C., like Canada, to see slower economic growth through 2024 due to high interest rates and a softening global economy before growing steadily in the medium term.

The speculation and vacancy tax is helping turn empty units into homes and creating affordable housing in communities throughout the province, new data confirms.

British Columbia’s economic and fiscal plan remains stable in the face of a slowing global economy and high interest rates as the Second Quarterly Report forecasts a lower deficit than in the previous fiscal update.

Premier David Eby and Kelli Paddon, Parliamentary Secretary for Gender Equity, have released the following statement in honour of the International Day for the Elimination of Violence Against Women:

Public service employees who go above and beyond in their work to make life better for people in B.C. were recognized at the Premier’s Innovation and Excellence Awards on Tuesday, Nov. 21, 2023.

The Province is taking action to fight real estate speculation and turn more empty units into homes for people by expanding the speculation and vacancy tax to 13 new municipalities.

Premier David Eby and Kelli Paddon, Parliamentary Secretary for Gender Equity, have issued the following statement on Transgender Day of Remembrance:

All B.C. employers will need to include transparent wage or salary information on publicly advertised jobs starting in November 2023.

Thompson Rivers University (TRU) has reached a tentative agreement with members of the TRU Open Learning Faculty Association (TRUOLFA) under the Province’s Shared Recovery Mandate.

The College of New Caledonia (CNC) has reached a tentative agreement with members of the Faculty Association of the College of New Caledonia (FACNC) under the Province’s Shared Recovery Mandate.

The Emily Carr Institute of Art + Design has reached a tentative agreement with members of the Emily Carr Institute of Art + Design Faculty Association (ECUADFA) under the Province’s Shared Recovery Mandate.

More than two million families and individuals will see more money in their bank accounts this week, thanks to the enhanced climate action tax credit.

Many employees in the private sector will soon have a new choice for securing their financial future with legislation that has been introduced that is in line with federal changes.

Kelli Paddon, Parliamentary Secretary for Gender Equity, released the following statement in honour of Sisters in Spirit vigils and the National Day of Action for Murdered and Missing Indigenous Women, Girls and Two-Spirit people:

Kelli Paddon, Parliamentary Secretary for Gender Equity, has issued the following statement in honour of Women’s History Month:

Faculty represented by the Federation of Post-Secondary Educators (FPSE) at Douglas College have ratified an agreement under the Shared Recovery Mandate.

B.C.’s First Quarterly Report shows the province’s economy is proving resilient amid challenges, including a devastating wildfire season, high interest rates and costs, and a slowing global economy.

Emily Carr University of Art + Design has reached a tentative agreement with members of the Canadian Union of Public Employees (CUPE) Local 15 under the Province’s Shared Recovery Mandate.

Kelli Paddon, Parliamentary Secretary for Gender Equity, has released the following statement in recognition of national Gender Equality Week and International Equal Pay Day:

Five BC General Employees’ Union (BCGEU) faculty agreements reached at the common table under the Province’s Shared Recovery Mandate have been ratified by the board of the Post-Secondary Employers’ Association (PSEA).