Tag: BUDGET

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

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

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

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

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

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”

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

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

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

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

Budget 2025 jeopardizes post-secondary education across BC 

Students in BC say the 2025 provincial budget fails to represent students and institutions, and they’re calling on the...

City council passes 2025 budget with 2.89% tax increase

Campbell River has passed its 2025 budget. For homeowners, it will mean roughly an extra $10 next year for every...

Council trims 2025 budget in first day of deliberations

Campbell River council has been able to shave half a percent off what will be required from city taxpayers...

City caps community grants until 2027

Campbell River is capping the amount of money given for community grants for the rest of the city council...

Campbell River council faced with possible 9% tax increase in 2024

Campbell River homeowners might be looking at another large increase in property taxes in 2024. “So, it is anticipated that...

Mayor happy with 2018 budget

Campbell River Mayor Andy Adams says he’s pleased with the 2018 budget. It includes funding for a number of infrastructure...

Campbell River RCMP asking for more officers

Campbell River needs more police officers. That’s the word from the local RCMP detachment. It delivered a report to the...

ciqc Now playing play

- Advertisement -

Latest News

Advocates urge next B.C. government to address water scarcity as El Niño forecast adds to drought concerns

A potentially powerful El Niño could worsen drought conditions across B.C., prompting calls for stronger water protection measures from the next provincial government.

Advocates urge next B.C. government to address water scarcity as El Niño forecast adds to drought concerns

A potentially powerful El Niño could worsen drought conditions across B.C., prompting calls for stronger water protection measures from the next provincial government.

B.C. loses more than 20,000 jobs in September as unemployment rate stays steady

British Columbia lost more than 20,000 jobs in September, sparking a political clash over the province’s economic direction.

Doug Chapman seeking re-election to Campbell River city council

First elected to Campbell River city council in 2022, Doug Chapman is seeking a second term.

B.C. Conservatives propose income tax cuts as NDP, Greens unveil election promises

B.C.'s major political parties are pitching tax cuts, frozen auto insurance rates and education improvements as the provincial election campaign continues.