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

In honour of the Canadians and British Columbians involved in the victory at Vimy Ridge in 1917, Finance Minister Michael de Jong announced that the Province will contribute $350,000 to the Vimy Foundation to support the creation of a Centennial Park at the site of the battle.

Workers coming to B.C. through the B.C. Provincial Nominee Program (PNP) can now be exempt from the additional property transfer tax on foreign buyers, helping ensure B.C. continues to attract highly skilled workers and entrepreneurs across all sectors of the province’s diverse economy, including the growing tech sector.

British Columbia will become the first Canadian province to legislate a duty to document.

Proposed amendments introduced as Bill 9, the Finance Statutes Amendment Act, 2017, will clarify rules and improve fairness to align with government’s ongoing commitment to reduce red tape and simplify and streamline regulatory requirements.

British Columbia’s fifth consecutive balanced budget delivers the dividends of a strong and diversified economy and prudent fiscal management by cutting costs for middle-class B.C. families, investing in priority programs and services, and promoting a competitive, job-creating economy.

Finance Minister Michael de Jong will present British Columbia's fifth consecutive Balanced Budget on Tuesday, February 21, 2017. 

Ahead of the provincial budget presentation next week, Finance Minister Michael de Jong announced that the Province will be extending the B.C. Book Publishing Tax Credit.

Finance Minister Michael de Jong will be hosting a telephone town hall for residents in the Vancouver Island/Coastal regions of B.C. on Monday, Jan. 30, at 7 p.m. to get their input on the 2017 provincial budget.

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.