BC Gov News

British Columbia’s government and business leaders have signed a first-of-its-kind agreement to establish B.C. as a world leader in delivering low-carbon goods and services to domestic and global markets.

The British Columbia government will invest $1.1 billion over the next 10 years to make B.C.’s social housing stock more energy efficient, less polluting and safer, while significantly reducing heating costs for residents.

In a move aimed at removing a major source of air pollution and climate change, the provincial government has put British Columbia on a path to require the sale of all new light-duty cars and trucks to be zero-emission vehicles (ZEVs) by the year 2040.

B.C. Premier John Horgan and Washington state Gov. Jay Inslee met today for a bilateral meeting and signed a memorandum of understanding (MOU) to act jointly to grow the region’s innovation economy, protect the environment and combat climate change, promote trade and improve transportation connectivity.

The Minister of Municipal Affairs and Housing is listening to the concerns of renters and taking action on an early recommendation from B.C.’s Rental Housing Task Force by cutting the annual allowable rent increase by 2%, limiting it to inflation.