B.C. credit unions will keep their preferential tax advantage a little longer as the provincial government intends to pause for one year the phase-out of the tax advantage credit unions have enjoyed.

Moody’s Investors Service has confirmed British Columbia’s Aaa credit rating for the 12th year in a row, as well as a stable outlook, thanks in part to the Province’s track record of prudent fiscal planning and diversified economy leading to economic growth.

Finance Minister Michael de Jong will be hosting a telephone town hall for residents in and around the Fraser Valley on Monday, Jan. 23, at 7 p.m., to get their input on the 2017 provincial budget.

Finance Minister Michael de Jong will be hosting a telephone town hall for residents of the Okanagan on Monday, Jan. 16, at 7 p.m. to get their input on the 2017 provincial budget.

The Province is increasing the home owner grant threshold to $1.6 million, helping keep property taxes affordable for families and ensuring most home owners will continue to receive the full grant this year.

Finance Minister Michael de Jong will be hosting a telephone town hall for residents of Northern B.C. on Monday, Jan. 9 at 7 p.m. to get their input on the 2017 provincial budget. 

British Columbia is on track to remain one of Canada’s strongest economies in 2017 as most private sector economists, banks and economic think-tanks are forecasting the province will continue to record real GDP growth that ranks among the best in Canada.

Finance Minister Michael de Jong is inviting British Columbians to participate in a conversation to share their values and priorities for Balanced Budget 2017.

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.

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.