BC Ministry Of Finance

• Private forecasters see economic growth in B.C. slowing to 0.5% next year

  The Economic Forecast Council met B.C.'s finance minister on Monday and told her they foresee 0.5-per-cent growth in 2024, slightly below Conroy's recent forecast of 0.7 per cent.

  Economy

  Dec 4, 2023
  
• B.C. growth forecast drops to 1% for 2023, but deficit projection improves

  The budget's September deficit forecast of $6.7 billion has shown improvement, dropping by $1.1 billion, with this year's deficit now projected at $5.6 billion.

  Politics

  Nov 28, 2023
  
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• 3rd affordability credit to hit 85% of British Columbians’ bank accounts: province

  The BC Affordability Credit is paid through the Canada Revenue Agency alongside the BC Climate Action Tax Credit and any federal GST payments, the province said.

  Canada

  Apr 5, 2023
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• What people are saying about B.C.’s budget

  The British Columbia government released a budget Tuesday that promises billions in new spending on health, housing and cost-of-living supports, as well as a return to deficits.

  Politics

  Feb 28, 2023
• Auditor general says B.C. government should adjust bookkeeping method

  Michael Pickup believes the Finance Ministry should change the way it reports payments from other governments and non-government sources.

  Money

  Sep 1, 2022
• B.C.’s speculation tax brings in $115M, mostly from owners outside province

  The completed forms showed 80 per cent of those paying the tax are foreign buyers and satellite families.

  Canada

  Jul 11, 2019
• B.C. reports high returns on speculation tax forms, 99 per cent will not pay tax

  Owners not exempt from the tax must pay their assessed amount by July 2.

  May 17, 2019
• UBC professor frustrated after being told he must pay speculation tax for second home

  Dr. Stanley Coren estimates that he spent 48 weekends last year in the Chilliwack home he's owned since 1991, and his wife is there even more frequently.

  Canada

  Jan 28, 2019
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• Auditor general says B.C. needs to know more about tax breaks it gives

  Carol Bellringer said Tuesday in a report that the breaks in the form of tax expenditures can continue on for decades without oversight on either their effectiveness or if they're still required.

  Politics

  Oct 9, 2018