British Columbia remains well-positioned to continue supporting people and navigating emerging global economic headwinds with an improved second-quarter fiscal update.

On National Housing Day, the Province is releasing data that shows the speculation and vacancy tax (SVT) continues to turn empty units into homes and support the creation of additional affordable housing.

An enhanced Climate Action Tax Credit landed in people’s bank accounts last week as a one-time payment to help support people facing affordability challenges.

British Columbia is well-positioned to support people through emerging global economic headwinds with preliminary numbers showing an improved fiscal forecast.

As part of the Province’s work to develop an action plan to end gender-based violence, staff at the Victoria Sexual Assault Centre (VSAC) presented its trauma informed, wraparound supports and services available in Greater Victoria.

The expansion of the Speculation and Vacancy Tax will help eliminate speculative real estate practices and turn empty units into homes for people in additional communities in B.C. struggling with housing affordability.

A new tax credit will make energy retrofits for multi-unit residential and commercial buildings more affordable, saving owners 5% on retrofits to help reduce their energy use.

To better protect consumers in B.C.’s real estate market, the Province is introducing legislation that requires cooling off periods for resale properties and newly built homes.