BC Gov News

Josie Osborne, Minister of Energy, Mines and Low Carbon Innovation, and George Heyman, Minister of Environment and Climate Change Strategy, have released the following statement in response to the Government of Canada’s carbon tax announcement:

As Small Business Week comes to a close, Premier David Eby has been joined by all the other premiers in Canada calling on the federal government to extend loan repayments for struggling small businesses.

Ravi Kahlon, Minister of Housing has released the following statement in response to the Government of Canada announcing the removal of GST on new rental construction:

Despite global uncertainty, B.C. ended fiscal 2022-23 with a surplus and higher-than-expected revenue that the Province put to work helping people and communities with higher costs and growing needs.

People who own residential properties in the new areas for the speculation and vacancy tax (SVT) can take steps now to ensure they are exempt from paying the tax next year.

Eligible B.C. greenhouse growers will soon be able to obtain a point-of-sale carbon tax reduction to help them preserve their cash flow and continue growing the vegetables and plants British Columbians enjoy.

Hundreds of companies in B.C. will benefit from an extension of the Province’s Interactive Digital Media Tax Credit, which will reduce costs for technology businesses while growing the sector and supporting a stronger, more innovative economy for British Columbia.