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.
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.
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.
British Columbia crafters and small businesses are expressing dismay that the provincial sales tax will be expanded to yarn, fabrics and other materials.
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.
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.
The first federal budget tabled by Prime Minister Mark Carney and his Liberal government will feature a deficit of 78-billion dollars.
However, some of the highlights include 40-thousand fewer civil service positions by 2029 as well as major investments for infrastructure ($51 billion) and the Canadian Armed Forces ($81 billion).
B.C.’s three main party leaders clashed over affordability, health care and Indigenous rights in a heated televised election debate Wednesday evening.
The B.C. NDP is promising millions of dollars in new investments in clean energy and climate programs if re-elected, while warning a Conservative government would roll back environmental protections.Â
