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.

“Best budget ever seen” approved by Williams Lake Mayor and Council

City of Williams Lake Teryn Midzain -
Williams Lake City Council approved a five-year financial plan, in what the Mayor calls "the best budget" he has ever seen.

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

Politics 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.

Williams Lake Council passes nearly $4 million early budget approvals

City of Williams Lake Teryn Midzain -
Williams Lake City Council approved close to $4 million of items and projects on the upcoming 2026 budget for Early Approval. In hopes that the projects can get underway earlier.

Williams Lake Council cuts shy of a million dollars to try and reach “target” tax rate

City of Williams Lake Teryn Midzain -
The Williams Lake City Council cut $850,000 in Capital Projects in a special council meeting on December 3, in an attempt to reach its "target" potential tax increase, and balancing a shortfall in the City's proposed 2026 budget.

Williams Lake City Council looking at three options to deal with budget shortfall

City of Williams Lake Teryn Midzain -
Williams Lake City Council read the preliminary budget report that sees a shortfall of $2.8 million. City Council will review capital projects and make decisions on what projects can be cut in a Special City Council Meeting being held on December 3, at 12 pm. A final read and decision on the budget will be held in a community meeting at City Hall on December 9.

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.

Liberal Candidate Rips Budget

News Alex Martin -
The new federal budget does not have a fan in Steve Powrie. The Liberal candidate for Kamloops-Thompson-Cariboo didn’t mince words...

ckbx Now playing play

cffm Now playing play

ckcq Now playing play

- Advertisement -

Latest News

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

Environment
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

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

Two vehicle crash leaves one person trapped inside

RCMP
A head-on collision in the South Cariboo required an occupant to be extracted, and another sent to hospital.

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

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

The unemployment rate takes a plunge in the Cariboo region

Economy
There was a hefty drop in the Cariboo region's year over year unemployment rate last month.
- Advertisement -