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.

The Government of British Columbia and the Province’s anti-gang agency are joining forces to form a co-ordinated investigation unit designed to crack down on illegal gaming and money-laundering in B.C.’s gaming facilities.

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.

Finance Minister Michael de Jong released the following statement:

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.

Finance Minister Michael de Jong recently travelled to China and India to strengthen cultural, social and economic ties and promote British Columbia’s ongoing economic stability.

Premier Christy Clark made the following statement in response to David Loukidelis’ recommendations to government on how to improve freedom of information policies and procedures and records management practices in response to the Privacy Commissioner’s Oct. 22 report:

Finance Minister Michael de Jong travels to China to build bilateral relations, explore new trade and finance opportunities, and promote British Columbia’s stable economic story.

British Columbia’s Second Quarterly Report continues to forecast a surplus in the current fiscal year, another sign that prudent fiscal planning has helped offset the effects of a volatile economic landscape.