Tag: Budget

Fiscal update shows B.C. deficit climbing to $13.8B, despite revenue boost

Economy Emily Joveski -
Budget 2026 projected a deficit of $13.3 billion in February, but the Ministry of Finance said Monday it now expects a deficit of nearly $13.8 billion.

Errors in B.C. budget leave $1.5B hole in B.C.’s natural gas revenue forecast

Energy & Utilities Emily Joveski -
British Columbia overstated its projected natural gas royalty revenues by about $1.5 billion over five years because of calculation errors.

B.C. urged to drop PST expansion after multiparty committee calls for repeal

Business Emily Joveski -
A B.C. legislature committee made up of government and opposition MLAs is calling on the province to scrap its planned expansion of the provincial sales tax to professional services.

Business groups urge B.C. to scrap planned PST expansion on professional services

Provincial Emily Joveski -
Several business and industry groups came together Tuesday to call on the B.C. government to scrap plans to expand the provincial sales tax to certain professional services.

B.C. crafters in knots over addition of PST to yarn, fabric, other materials

Provincial Emily Joveski -
British Columbia crafters and small businesses are expressing dismay that the provincial sales tax will be expanded to yarn, fabrics and other materials.

Eby defends B.C. budget after trade board gives 2026 plan a “D”

Provincial Emily Joveski -
Premier David Eby defended his government’s latest budget Friday after the Greater Vancouver Board of Trade gave the fiscal plan a “D” grade, citing a rising deficit and billions more in projected debt.

Advocates hope for a program revamp as B.C. pauses $10-a-day child-care enrolment

Community Emily Joveski -
Some child-care advocates say they are cautiously optimistic despite the British Columbia government’s decision to pause expansion of the $10-a-day child-care program.

B.C. government presents budget with higher taxes, $13.3B deficit

Provincial Emily Joveski -
British Columbia’s government presented its budget Tuesday, featuring a record-high deficit, increased income taxes and a plan to rein in spending.

B.C. trims deficit to $11.2B but warns of ongoing financial pressures

Provincial Reporter Emily Joveski -
British Columbia’s second quarterly budget report shows a projected deficit of $11.2 billion for 2025-26. The post B.C. trims deficit to $11.2B but warns of ongoing financial pressures appeared first on AM 1150.

B.C. forecast to reach record high $11.6B deficit this year

Provincial Emily Joveski -
British Columbia’s deficit is only going up, according to the latest budget update.

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OPP officer killed near Hearst, Ont

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A 29-year-old OPP officer has been killed on duty in a rural area near Hearst. 

B.C. leaders pause politics to honour victims of Tumbler Ridge shooting

National 0
Flags at the B.C. legislature flew at half-mast Thursday as leaders mourned eight people killed in a mass shooting in Tumbler Ridge.

RCMP release names of eight killed in Tumbler Ridge shooting

National 0
The B.C. RCMP has released the names of six children and two women killed in this week’s shooting in Tumbler Ridge, as the small northeastern community continues to mourn.

Psychologist offers guidance to parents after Tumbler Ridge, B.C., shooting

National 0
In the wake of a deadly shooting in Tumbler Ridge, B.C., that involved victims between the ages of 11 and 13, a psychologist is advising guardians to check in with themselves before talking to their children.
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