Tag:
Budget
Business
B.C. pauses planned expansion of PST to professional services
B.C. is delaying its planned PST expansion to professional services amid ongoing uncertainty from the Canada-U.S. trade war.
Economy
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.
Energy & Utilities
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.
Business
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.
Economy
B.C.’s deficit for last year comes in $3 billion lower than forecast
B.C. posted a $7.7-billion deficit for 2025-26, about $3 billion lower than forecast, as higher revenue and lower spending improved the province's year-end finances.
Provincial
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...
Provincial
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.
Provincial
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.
Provincial
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.
Provincial
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.
Provincial
Eby warns more public sector cuts ahead as B.C. prepares 2026 budget
Premier David Eby said further public sector cuts are coming as the government prepares to table a 2026 budget he has described as “challenging.”
Provincial
B.C. trims deficit to $11.2B but warns of ongoing financial pressures
British Columbia’s second quarterly budget report shows a projected deficit of $11.2 billion for 2025-26.
