Tag: Finance

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.

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.

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Democrats claim House and Senate majorities

Politics
Democratic leaders say they have won majorities in the U.S. House and Senate after Tuesday’s midterm elections.

B.C. privacy watchdog investigating Crime Stoppers after data breach of online tip system

Crime
B.C.’s privacy watchdog is investigating whether B.C. Crime Stoppers adequately protected anonymous tipsters’ personal information after a breach at its tip-platform provider.

BC Conservation Officers investigating suspected fatal grizzly bear attack near Bella Coola

Fish & Wildlife
The B.C. Conservation Officer Service is investigating a suspected fatal grizzly bear attack near Bella Coola after one person was found dead, and a second still missing.

Mercer Celgar’s owner declares US bankruptcy

Business
The company that owns the pulp mill in Castlegar has pulled the trigger on filing for US bankruptcy protection.

First Nations ask court to review Ottawa’s national-interest pipeline designation

Indigenous
Several First Nations are asking a Federal Court to review Ottawa’s decision to list the proposed new oil pipeline to B.C.’s coast as a “project of national interest.”
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