BC Budget
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B.C. budget quietly scraps PST exemption on used electric vehiclesThe province is scrapping a provincial sales tax exemption on used EVs effective May 1, nearly two years ahead of schedule.EconomyMar 6
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PoCo mayor threatens to hold back school taxes amid Hazel Trembath rebuild delaysPort Coquitlam Mayor Brad West says he is prepared to ratchet up pressure on the province amid delays on rebuilding a local school destroyed by fire in 2023.EducationMar 5
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‘Nothing there for Surrey’: Mayor of B.C.’s 2nd biggest city disappointed with budgetSurrey is home to a population of more than 680,000 and is on track to surpass Vancouver as B.C.'s biggest city within a decade.PoliticsMar 5
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Focus on tariffs squeezes crime and public safety to side note in B.C. budgetThe budget includes just $325 million in new spending over three years focused on public safety measures and is virtually silent on the hot-button issue of involuntary treatment.EconomyMar 4
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Health spending continues to dominate B.C. budgetThe Ministry of Health, which represents more than a third of spending in the provincial budget, is getting a boost of more than a billion dollars to more than $35 billion.EconomyMar 4
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B.C. budget 2025: Drivers to get $110 ICBC rebate in budget short on frillsThe $110 rebate is forecast to cost the province $410 million. Among a far more modest package of new spending, the province is also freezing ICBC rates at least through 2026.EconomyMar 4
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‘Focused’ not ‘flashy’ B.C. budget posts record $10.9B deficit amid Trump tariffsFinance Minister Brenda Bailey acknowledged the budget was not “splashy,” framing it instead in terms of protecting jobs and core public services, while growing the economy.EconomyMar 4
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Trump tariff shadow looms over economy on eve of B.C. budgetAn economic earthquake in the form of U.S. tariffs could rock the province on the same day Finance Minister Brenda Bailey delivers her first budget in Victoria.EconomyMar 3
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B.C. budget uncertainty looms amid Trump tariff deadline“It is very possible we could release a budget based on assumptions that a few days later is out of date," B.C. Premier David Eby said on Tuesday.EconomyFeb 4
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Accounting fix could improve B.C. fiscal estimates, says auditor generalB.C.'s auditor general says the provincial government is using more up-to-date information to forecast income tax revenue, something he expects to improve financial estimates.PoliticsMar 11, 2024
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