Subscribe: Ministry of Finance NEWS
Preview: Ministry of Finance NEWS

Finance Releases | BC Gov News


Executive compensation disclosure shows cost controls working

Wed, 28 Jun 2017 10:30:00 -0700

British Columbia’s 10th annual disclosure of detailed information on total compensation for senior public sector executives demonstrates continued stability, delivering value for taxpayers.

2016-17 fiscal update reflects B.C.’s strong economic growth

Wed, 28 Jun 2017 10:09:00 -0700

The British Columbia government invested an additional $1.9 billion in priority programs and services in 2016-17 compared to the previous year, making record investments in areas including housing, health and education.

Media Files:

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. 

Media Files:

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.

Media Files:

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.

Media Files:

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.