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.

BC’s first 2024/25 fiscal report reveals additional $1.1 billion deficit

BC’s Finance Minister Katrine Conroy presented her government’s first quarterly report for the 2024/25 fiscal year on Tuesday, revealing...
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B.C. leaders spar in fiery debate ahead of Oct. 24 election

B.C.’s three main party leaders clashed over affordability, health care and Indigenous rights in a heated televised election debate Wednesday evening.

August free of drug-related deaths in Kootenay-Boundary

Nobody died due to toxic drugs in the Kootenay-Boundary in August, according to figures from the BC Coroners Service.

Grand Forks RCMP seize drugs, handgun, stolen property

Police in Grand Forks arrested five people during a bust this month in the 5900 block of Division Street and seized a loaded handgun along with stolen property.

B.C. NDP pledges millions for clean energy and climate programs

The B.C. NDP is promising millions of dollars in new investments in clean energy and climate programs if re-elected, while warning a Conservative government would roll back environmental protections. 

First Nations leaders call on B.C. Conservatives to drop candidate over alleged residential school denialism

First Nations leaders are calling on the B.C. Conservatives to remove a candidate over allegations of residential school denialism.
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