Business

British Columbia lost more than 20,000 jobs in September, sparking a political clash over the province’s economic direction.

LNG Canada is moving ahead with a $33-billion Phase 2 expansion in Kitimat, doubling the facility’s LNG production capacity.

B.C. is delaying its planned PST expansion to professional services amid ongoing uncertainty from the Canada-U.S. trade war.

The three partners say their MOUs are intended as a starting point, rather than a single announcement.

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.

B.C. forestry groups say the sector has reached a breaking point and are urging the province to take immediate action to protect mills, jobs and access to timber.

B.C. lost 5,500 jobs in August as the unemployment rate rose to 6.5 per cent, with full-time employment falling by 26,000 positions.

The B.C. government is providing $2.7 million to help northern businesses and First Nations adapt to changing markets, diversify their economies and protect or create jobs amid uncertainty over U.S. tariffs.

B.C. Premier David Eby said Canada’s latest counter-tariffs on U.S. goods are “a good start,” but he said more non-tariff measures should be considered in response to the escalating trade war.

The federal government announced tariffs on $27.6 billion in U.S. goods and a $7.5-billion support package Tuesday in Ottawa to help Canadian businesses and workers withstand the escalating trade war.

U.S. President Donald Trump threatened Monday to impose 50-per-cent tariffs on Canadian vehicles and auto parts, then attacked Prime Minister Mark Carney and Ontario Premier Doug Ford as the Conservative opposition demanded details of failed trade negotiations.

After trade talks between Canada and the U.S. fell off on Friday, Canadian consumers are continuing to boycott American products.