Taxes and Tax Credits

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S&P affirms Province’s ‘AAA’ rating, diverse economy

Thursday, October 10, 2019 3:35 PM

Standard and Poor’s (S&P) Global Ratings has affirmed British Columbia’s ‘AAA’ long-term rating, reflecting the province's stable economic outlook and government’s responsible fiscal management. 


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Communities show leadership for a cleaner B.C.

Thursday, September 19, 2019 1:00 PM

Communities throughout British Columbia are showing leadership through actions to reduce greenhouse gas (GHG) emissions and adapt to the effects of a changing climate, according to the latest report on local government corporate and community-wide actions.


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Mayors join finance minister to discuss, share feedback on landmark tax

Thursday, September 12, 2019 10:30 AM

Carole James, Minister of Finance, is in Vancouver today to meet with mayors from municipalities where the speculation and vacancy tax (SVT) is applied.


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B.C. production The Bletchley Circle hits Netflix

Sunday, September 8, 2019 9:00 AM

John Wittmayer walks around his busy 25,000 square-foot film studio in Maple Ridge. Not long ago, it was decked out as a 1950s jazz club, a cozy apartment kitchen, a fancy hotel and a police station with morgue to film the murder mystery series The Bletchley Circle: San Francisco that hit Netflix on Sunday, Sept. 8, 2019.


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Landmark tax successfully captures speculators, helps fund homes for people

Thursday, July 11, 2019 9:30 AM

Speculation and vacancy tax (SVT) declarations indicate foreign owners, satellite families and those with vacant homes will contribute $115 million to homes for people, and more than 99.8% of British Columbians are exempt.


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Annual provincial grants support community projects, services

Wednesday, June 26, 2019 2:30 PM

The Province is providing $110 million to local governments around B.C. for services that British Columbians count on, such as investments in infrastructure, like water and sewer, and services like policing.


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Declarations confirm more than 99% of British Columbians will not pay speculation and vacancy tax

Friday, May 17, 2019 9:55 AM

Nearly all speculation and vacancy tax (SVT) declarations are complete and the tax is capturing speculators who own homes in B.C. but do not pay tax here.


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Budget 2019 creates opportunities, makes life better for people

Tuesday, February 19, 2019 1:48 PM

Budget 2019 is creating opportunities for all British Columbians by delivering a new B.C. Child Opportunity Benefit for kids up to the age of 18, removing interest from B.C. student loans, reducing taxes for businesses and investing in clean energy and climate solutions.


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Making life better for people at the heart of throne speech

Tuesday, February 12, 2019 2:18 PM

The speech from the throne presents a clear path forward for a government that is working to make life better for people.


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Government acts on Mining Jobs Task Force recommendations

Monday, January 28, 2019 10:10 AM

The provincial government is moving forward with the recommendations from the BC Mining Jobs Task Force (MJTF) to boost the mining sector and create good jobs and a strong, sustainable economy.


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Minister’s statement on Small Business Task Force report

Wednesday, December 19, 2018 4:20 PM

Bruce Ralston, Minister of Jobs, Trade and Technology, has issued the following statement on the Small Business Task Force report:


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Province targets speculators and vacant homes, supports housing affordability

Tuesday, October 16, 2018 10:45 AM

The British Columbia government has introduced legislation to tackle speculation in B.C.'s housing market and help turn empty properties into homes for people.


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Government moves forward on MSP premium elimination, tax cut for people

Tuesday, October 16, 2018 10:14 AM

The Government of British Columbia is moving forward with its plan to eliminate Medical Service Plan (MSP) premiums and introduce the employer health tax (EHT).


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