BC Gov News

As part of a new approach to natural gas development, the British Columbia government is overhauling the policy framework for future projects, while ensuring those projects adhere to B.C.’s climate targets, Premier John Horgan announced today.

British Columbians will benefit from modern, up-to-date community infrastructure that will make communities throughout B.C. even better places to live through new investments from the federal Gas Tax Fund.

The Province is raising the 2018 homeowner grant threshold to $1.65 million, ensuring the same percentage of British Columbia homes are below the threshold as in 2017.

An agreement with the federal government that would see the majority of cannabis revenue flow to the Province has been reached today, following Finance Minister Carole James’ successful federal-provincial meeting in Ottawa.

Exchanging an old wood stove for a cleaner-burning model is good, but exchanging it for electric, gas, propane, or pellet-heating is even better under the wood stove exchange program.

This month, the B.C. government distributed over $16 million to 54 communities around the province in lieu of municipal property taxes.

Small-business owners in British Columbia will benefit from a cut to the small-business corporate income tax rate from 2.5% to 2%, retroactive to April 1, 2017.