Tag: Budget

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

Economy Emily Joveski -
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

Energy & Utilities Emily Joveski -
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

Business Emily Joveski -
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.

qRD financial plan comes with decrease in tax requisition

qathet Regional District Wylie Henderson -
The qathet Regional District has approved its five-year financial plan with a 2.2 per cent tax requisition reduction for 2026.

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

Provincial Emily Joveski -
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

Provincial Emily Joveski -
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”

Provincial Emily Joveski -
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

Community Emily Joveski -
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

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

City of Powell River hosting open house on budget, financial plan Jan. 29

City of Powell River Justin Baumgardner -
Budget planning is a priority for the City of Powell River as it begins public engagement on its draft five-year financial plan.

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

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

Powell River council not ready to commit to $600,000 tax cushion

City of Powell River Bill Kingston -
Powell River council is not ready to commit city taxpayers to an extra $600,000 in taxes this year to...

qRD launching public engagement for next year’s budget, financial plan

Uncategorized Justin Waddell -
You can have a say in the qathet Regional District’s budget and financial plan for next year through a...

2018 draft budget balanced with two per cent property tax increase

News Justin Goulet -
POWELL RIVER, B.C. - Residents can expect to see a two per cent property tax increase in the 2018...

Islands Trust Chair Offers Budget Preview

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

Simons reacts to Provincial budget update

News Justin Goulet -
There were some shortcomings when the new NDP Provincial Government announced their budget update this week. Those include a campaign...
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Eby defends family’s use of $10-a-day childcare program

2026 BC Election
B.C. NDP Leader David Eby is facing criticism after confirming his family benefited from a $10-a-day child care program his government froze to new providers.

Great BC Shakeout encourages earthquake preparedness this week

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

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