Dominion Bond Rating Service (DBRS) has confirmed British Columbia’s AA (high) credit rating, thanks to the Province’s growing economy, balanced fiscal policy and affordable debt, Finance Minister Carole James announced today.

To help inform the development of Budget 2018 and the next three-year fiscal plan, Finance Minister Carole James announced a review of financial information submitted to the Province by specific Crown corporations and the broader schools, universities, colleges and health (SUCH) sector.

To make commercial lending more viable for credit unions, Finance Minister Carole James has announced a reduction in the amount of capital a British Columbia-incorporated credit union must hold in relation to commercial loans and leases.

The British Columbia government is eliminating tuition fees on Adult Basic Education (ABE) and English Language Learning (ELL) programs, opening the door for tens of thousands of people to upgrade their education and skills every year.

Fitch has confirmed British Columbia’s AAA credit rating with a stable outlook, due to the Province’s steady economic growth, commitment to fiscal balance and manageable debt burden, Finance Minister Michael de Jong announced today.  

Small and medium-sized B.C. businesses looking to expand their export capacity and access new markets will soon benefit from a new partnership between the Province and the Greater Vancouver Board of Trade.