BC Gov News

Canadian economist Bev Dahlby has been named as chair of the B.C. Tax Competitiveness Commission.

The Province released the first set of data resulting from new measures to track the extent of foreign real estate transactions. 

Bargaining under the 2014 Economic Stability Mandate is now substantially complete, with 99% of the British Columbia public sector covered by tentative and ratified agreements negotiated under the mandate.

Consultations with the B.C. film and television industry have led to proposed adjustments to the province’s film tax credit rates that provide certainty to the film industry while keeping the subsidy affordable for taxpayers.

Dominion Bond Rating Service (DBRS) has confirmed British Columbia’s AA (high) credit rating, thanks to the Province’s strong fiscal discipline and declining debt burden.

Standard and Poor’s has affirmed British Columbia’s AAA credit rating and stable outlook, praising the Province’s strong economy, budgetary and fiscal performance.

Finance Minister Michael de Jong travels to Ontario, Quebec and the United States to profile investment opportunities and promote British Columbia’s economic success story.

Moody’s Investors Service has affirmed British Columbia’s Aaa credit rating and stable outlook, thanks to the province’s diverse economy and strong fiscal management.

Advanced Education Minister Andrew Wilkinson officially opened the 7,432-square-metre trades education facility at Camosun College that will provide students on Vancouver Island with more opportunities to train for in-demand careers.

Proposed amendments introduced as Bill 14, the Finance Statutes Amendment Act, 2016, align with government’s ongoing commitment to reduce red tape and simplify and streamline regulatory requirements by ensuring the clarity and effective administration of tax systems.