Some British Columbians will see their bank accounts get some relief this coming spring through another BC Affordability Credit, according to the B.C. government.
B.C. Premier David Eby made the announcement at Surrey’s SFU campus Saturday afternoon.
“Too many people are struggling with rising prices right now, driven by global inflation,” Eby said.
“By providing this targeted affordability credit, lower and middle income British Columbians will have a bit more money to help them make it to the end of the month.”
According to the province, around 85 per cent of British Columbians will receive a full or partial payment as early as April 5, 2023, just like the funds given in January.
The April payment will provide as much as $164 per adult and $41 per child or around $410 for a family with two children.
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“When times are tough, the government should be in people’s corners and defending them from the impacts of global uncertainty,” said B.C. Minister of Finance Katrine Conroy.
The credit is the most recent in a series of cost-of-living measures announced by the B.C. Government since the fall of 2022.
Those measures include capping rent increases, supporting families with back-to-school expenses, delivering a BC Hydro cost-of-living credit, and freezing ICBC rates for two years.
Other supports include enhanced BC Family Benefits payments in January, February, and March 2023, which, according to the government, will reach more than half a million children annually across the province.
Eby made the announcement on the 100th day of him taking office.