Legislation tabled in the B.C. legislature puts in motion ratification of the Province's first project agreement with an LNG proponent, marking an integral phase in the development of B.C.'s liquefied natural gas industry.

Due to a system error, some rural taxpayers have not received their 2015 property taxation notices.

The B.C. government intends to recall the legislature July 13, 2015, to debate legislation that would enable the project agreement signed between the Province and Pacific NorthWest LNG, Finance Minister and government house leader Michael de Jong announced.

The University of Victoria (UVic) Board of Governors has approved and the UVic Faculty Association has ratified their tentative agreement negotiated under the Economic Stability Mandate.

The Province is seeking input from stakeholders in the financial services sector, other interested parties, and members of the public, for consideration as part of a broad review of the Financial Institutions Act and the Credit Union Incorporation Act.

Capilano University has reached a tentative agreement with the Capilano Faculty Association, negotiated under the Economic Stability Mandate.

Amendments proposed to the existing property tax exemption provided to independent schools in the Community Charter and the Taxation (Rural Area) Act would ensure that property reasonably necessary for school purposes will continue to be exempt from property tax.

Standard and Poor's has affirmed B.C.'s AAA credit rating and stable outlook, praising the province's strong economy, budgetary performance and fiscal performance.

Businesses wanting to learn more about the Provincial Sales Tax (PST) can join an interactive webinar hosted by the provincial government on Thursday, May 28, 2015, Minister of State for Tourism and Small Business Naomi Yamamoto announced.

The Province is amending the Depreciation of Industrial Improvements Regulation under the Assessment Act to allow a fixed depreciation rate regime specific to large LNG facility improvements that will help smooth provincial property tax revenues where development occurs.