The 2020 homeowner grant threshold in British Columbia has been set at $1.525 million, maintaining that 92% of homeowners continue to be eligible for the B.C. Home Owner Grant.

The new year marks the end of Medical Services Plan (MSP) premiums, saving B.C. families up to $1,800 a year and individuals up to $900 a year.

The board of governors of Royal Roads University (RRU) and members of CUPE Local 3886 have ratified an agreement under government’s Sustainable Services Negotiating Mandate.

Capilano University and MoveUP have reached a tentative agreement under government’s Sustainable Services Negotiating Mandate, which focuses on improving services for people and ensuring fair and affordable compensation.

Changes to the funding framework for defined benefit pension plans will give employers the payment predictability needed to support the long-term sustainability of pensions that British Columbians depend on.

After a successful first year of targeting speculators, the speculation and vacancy tax’s (SVT) second year will see the tax rate for foreign owners and satellite families rise to 2%.

B.C.’s economy remains resilient amid global uncertainty and is expected to outperform the country with steady growth over the forecast horizon, according to the Economic Forecast Council.

The final K-12 support staff agreements have been ratified by local unions, school districts and the BC Public School Employers’ Association board of directors under government’s Sustainable Services Negotiating Mandate.