BC Gov News

The Province and Union of BC Municipalities will work together to review the local government finance system in B.C.  to ensure that municipal governments and regional districts remain resilient in the face of economic changes.

Residential property owners in designated taxable regions must complete an annual declaration for the speculation and vacancy tax (SVT).

B.C.’s Home Owner Grant threshold is set at $1.975 million for 2022, ensuring 92% of residential properties are covered by the grant that lowers the amount of property taxes people pay on their principal residence.

In a year marked by the escalating impacts of climate change, the Province took important steps to drive down carbon pollution and build a stronger, cleaner British Columbia for today and generations to come.

The Province is working to bring down costs for people in 2022.

A Victoria company, Geazone Eco-Courier, is building its fleet of hydrogen fuel-cell electric vehicles (FCEVs) with the help of rebates through the CleanBC Go Electric Hydrogen Fleet program.

Everyone deserves a safe and affordable place to call home. Now in its third year, the Speculation and Vacancy Tax (SVT) is raising significant revenue that goes directly into affordable housing in the five regions where the tax applies, while encouraging owners to rent or sell vacant units to those who need them.

At the recommendation of the Special Committee to Review Provisions of the Election Act, proposed amendments will make the annual allowance for political parties permanent.

As the one-year anniversary approaches of the majority mandate, Premier John Horgan and the B.C. government are delivering on commitments to build a stronger B.C. for everyone.

A StrongerBC program that refunds businesses the PST paid on select machinery and equipment will be extended for an additional six months.