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Finance Releases | BC Gov News


Fitch affirms B.C.’s AAA, highest credit rating possible

Fri, 07 Apr 2017 14:45:00 -0700

Fitch has confirmed British Columbia’s AAA credit rating with a stable outlook, due to the Province’s steady economic growth, commitment to fiscal balance and manageable debt burden, Finance Minister Michael de Jong announced today.  

Standard and Poor’s affirms B.C.’s AAA credit rating

Thu, 06 Apr 2017 10:02:00 -0700

Standard and Poor’s Investors Service has confirmed British Columbia’s AAA credit rating with a  stable outlook, reflecting the Province's very strong financial management, economy, and budgetary flexibility. 

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New partnership helps build B.C. business export capacity

Tue, 04 Apr 2017 08:30:00 -0700

Small and medium-sized B.C. businesses looking to expand their export capacity and access new markets will soon benefit from a new partnership between the Province and the Greater Vancouver Board of Trade.

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Dominion Bond Rating Service confirms B.C.’s AA (high) rating

Fri, 31 Mar 2017 14:15:00 -0700

Dominion Bond Rating Service (DBRS) has confirmed British Columbia’s AA (high) credit rating, thanks to the Province’s strong fiscal discipline and stable economic growth.

Provincial sponsorship honours the memory of Vimy Ridge veterans

Tue, 21 Mar 2017 08:00:00 -0700

In honour of the Canadians and British Columbians involved in the victory at Vimy Ridge in 1917, Finance Minister Michael de Jong announced that the Province will contribute $350,000 to the Vimy Foundation to support the creation of a Centennial Park at the site of the battle.

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Additional property transfer tax exemptions will help grow economy, create jobs

Fri, 17 Mar 2017 10:45:00 -0700

Workers coming to B.C. through the B.C. Provincial Nominee Program (PNP) can now be exempt from the additional property transfer tax on foreign buyers, helping ensure B.C. continues to attract highly skilled workers and entrepreneurs across all sectors of the province’s diverse economy, including the growing tech sector.

British Columbia legislates a “duty-to-document”

Wed, 08 Mar 2017 14:05:00 -0800

British Columbia will become the first Canadian province to legislate a duty to document.

Amendments to improve tax legislation

Mon, 06 Mar 2017 14:00:00 -0800

Proposed amendments introduced as Bill 9, the Finance Statutes Amendment Act, 2017, will clarify rules and improve fairness to align with government’s ongoing commitment to reduce red tape and simplify and streamline regulatory requirements.

Province, Rick Hansen Foundation team up on housing accessibility

Thu, 23 Feb 2017 14:45:00 -0800

The Province is providing the Rick Hansen Foundation with $9 million to further their work building accessibility in B.C.

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B.C.’s fifth consecutive balanced budget delivers the dividends of a strong economy

Tue, 21 Feb 2017 13:46:00 -0800

British Columbia’s fifth consecutive balanced budget delivers the dividends of a strong and diversified economy and prudent fiscal management by cutting costs for middle-class B.C. families, investing in priority programs and services, and promoting a competitive, job-creating economy.

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