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.

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

Politics 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.

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.

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

Provincial My Kootenay Now -
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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Latest News

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.

Castlegar hanging on to temporary sewer plant fix for now

City of Castlegar
The City of Castlegar is expected to keep using a rotary press at its south sewage treatment plant until it can come up with a long-term solution to problems at the facility.

B.C. loses more than 20,000 jobs in September as unemployment rate stays steady

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

Tires worth more than $10,000 stolen in Castlegar

Crime
RCMP say tires and rims was stolen from a business in the 1500-block of Columbia Avenue early Wednesday.

Trail launches interactive historical walking tours

Community
The Trail Museum and Archives and the City of Trail have partnered with On the Spot to launch a new series of interactive walking tours and gamified scavenger hunts.
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