BC Newsroom - Finance

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Second quarter continues B.C.’s increased revenues and reduced debt

mer, 11/30/2016 - 06:40
British Columbia’s Second Quarterly Report continues to forecast increased revenues and reduced debt, demonstrating that government’s ongoing fiscal prudence, economic diversification and debt reduction continue to have a positive impact on the provincial economy. 2016-11-29T10:45:00-08:00 2016-11-29T10:45:00-08:00 Province of BC

Economic growth pays dividends for B.C. public-sector employees

mer, 11/30/2016 - 06:40
Stronger than forecast economic growth of 3.3% in 2015 will give unionized employees throughout B.C.’s public sector a modest salary increase from the Economic Stability Dividend. 2016-11-29T11:00:00-08:00 2016-11-29T11:00:00-08:00 Province of BC

Updated residential real estate data – June 10 through Oct. 31

mer, 11/30/2016 - 06:40
Foreign purchasers were involved in 3% of Metro Vancouver residential real estate transactions in October, a rate equal to the provincial average for that month, according to the latest real estate transaction data released by the Province. 2016-11-29T08:45:00-08:00 2016-11-29T08:45:00-08:00 Province of BC

B.C. expected to continue outperforming Canada in economic growth

sam, 11/26/2016 - 06:40
B.C. is projected to outperform Canada with robust growth this year and ongoing modest growth thereafter, Finance Minister Michael de Jong said at the close of his annual meeting with the independent Economic Forecast Council. 2016-11-25T12:15:00-08:00 2016-11-25T12:15:00-08:00 Province of BC

Statement on Commission on Tax Competitiveness Final Report

jeu, 11/24/2016 - 06:40
The following statement has been issued by B.C. Finance Minister Michael de Jong: 2016-11-23T13:30:00-08:00 2016-11-23T13:30:00-08:00 Province of BC

B.C. finance minister opens London Stock Exchange

mar, 11/22/2016 - 06:40
Following B.C.’s highly successful issue of a Masala bond into the Indian offshore rupee market in September, B.C.’s Finance Minister Michael de Jong was invited to open trading at the London Stock Exchange where the bond was listed. 2016-11-21T07:00:00-08:00 2016-11-21T07:00:00-08:00 Province of BC

Israel trade mission focuses on life sciences, cyber security

dim, 11/13/2016 - 06:40
Finance Minister Michael de Jong is leading a trade mission to Israel to strengthen intergovernmental relationships, with a focus on the life sciences and cyber security sectors. 2016-11-12T10:00:00-08:00 2016-11-12T10:00:00-08:00 Province of BC

Statement on Supreme Court of Canada’s ruling

ven, 11/11/2016 - 06:40
Finance Minister Michael de Jong issued the following statement in response to the Supreme Court of Canada’s ruling regarding the relationship between the Charter-protected process of collective bargaining and government’s pursuit of public-policy objectives that impact working conditions. 2016-11-10T14:49:00-08:00 2016-11-10T14:49:00-08:00 Province of BC

Updated residential real estate data – June 10 through Sept. 31

sam, 10/29/2016 - 06:40
Foreign purchasers were involved in 1.8% of the 5,150 residential property transfers in Metro Vancouver in September, accounting for 1.8% of the total value of properties transferred in that period, according to the latest real estate transaction data released by the Province.   2016-10-28T11:30:00-07:00 2016-10-28T11:30:00-07:00 Province of BC

Meeting strengthens India-B.C. partnerships

mar, 10/25/2016 - 06:40
Minister of Finance Michael de Jong met with Indian Finance Minister, Minister of Corporate Affairs in the cabinet of India, Arun Jaitley, in New Delhi to discuss ways to continue to strengthen economic ties between India and British Columbia. 2016-10-24T12:15:00-07:00 2016-10-24T12:15:00-07:00 Province of BC

India trade mission highlights B.C. forest products, financial and economic ties

ven, 10/21/2016 - 06:40
Finance Minister Michael de Jong is leading an investor tour to India to advance bilateral trade and investment opportunities for B.C. businesses, and to promote the province’s stable economy. 2016-10-20T13:45:00-07:00 2016-10-20T13:45:00-07:00 Province of BC

Premier honours outstanding B.C. public service achievements

jeu, 10/20/2016 - 06:40
British Columbia public service employees were recognized for the outstanding work they do on behalf of the Province at the Premier’s annual Innovation and Excellence Awards ceremony. 2016-10-19T08:00:00-07:00 2016-10-19T08:00:00-07:00 Province of BC

Finance Minister Michael de Jong’s statement on the passing of Jim Prentice

sam, 10/15/2016 - 06:40
Finance Minister Michael de Jong has issued the following statement on the passing of Jim Prentice, former Alberta premier and former federal cabinet minister: 2016-10-14T14:30:00-07:00 2016-10-14T14:30:00-07:00 Province of BC

New Real Estate Council appointed to ensure consumer protection

jeu, 10/13/2016 - 06:40
Government is appointing nine public-interest members to the Real Estate Council of British Columbia, increasing its accountability and objectivity in fulfilling its role of protecting the public interest. 2016-10-12T15:00:00-07:00 2016-10-12T15:00:00-07:00 Province of BC

B.C. confirms support for Canada Pension Plan enhancement

mer, 10/05/2016 - 06:40
The Government of British Columbia has confirmed support for the proposed Canada Pension Plan enhancement after considering feedback received through an online consultation during the summer. 2016-10-04T08:45:00-07:00 2016-10-04T08:45:00-07:00 Province of BC

Province signs agreement to extend benefits for seasonal firefighters

jeu, 09/29/2016 - 06:40
The Province and the BC Government and Service Employees’ Union (BCGEU) have signed a Memorandum of Agreement (MOA) to make it easier for seasonal firefighters with the BC Wildfire Service to access health and welfare benefits, Premier Christy Clark announced today. 2016-09-28T14:48:00-07:00 2016-09-28T14:48:00-07:00 Province of BC

Updated residential real estate data – June 10 through Aug. 31

ven, 09/23/2016 - 06:40
Foreign investment accounted for nearly 6% of the approximately 48,000 residential real estate transactions in British Columbia between June 10 and Aug. 31, 2016, amounting to about 8.8% of the $31 billion in residential property that changed hands, according to the latest real estate transaction data released by the provincial government. 2016-09-22T09:12:00-07:00 2016-09-22T09:12:00-07:00 Province of BC

Province appoints superintendent of Real Estate

mar, 09/20/2016 - 06:40
The Province of British Columbia has appointed Micheal Noseworthy as the new superintendent of Real Estate. 2016-09-19T11:15:00-07:00 2016-09-19T11:15:00-07:00 Province of BC

B.C. benefits from increased revenues, reduced debt in budget update

ven, 09/16/2016 - 06:40
Continued economic growth and stronger-than-budgeted revenues are providing government the flexibility to plan new investments in programs that benefit housing affordability and supply, set money aside to reduce provincial debt, and save money for the future through the B.C. Prosperity Fund. 2016-09-15T10:30:00-07:00 2016-09-15T10:30:00-07:00 Province of BC

Strong economy pays dividends

ven, 09/16/2016 - 06:40
The B.C. government is cancelling the planned four-per-cent increase to MSP premiums, and those eligible for Regular Premium Assistance will see a four-per-cent reduction of their premium beyond what was announced with Budget 2016. 2016-09-15T10:30:00-07:00 2016-09-15T10:30:00-07:00 Province of BC

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