March 08, 2010
HST Report: Giant Leap Froward for Investment, Jobs
VANCOUVER - Sales tax harmonization and corporate tax cuts will increase capital investment by $14.4 billion and result in a net increase of 141,000 jobs by the end of the coming decade
March 02, 2010
Budget 2010 - Building a Prosperous British Columbia
VICTORIA - Setting the foundation for decades of renewed economic growth, protecting vital services, adding to British Columbia's competitiveness and building on the tremendous momentum of the 2010 Olympic and Paralympic Winter Games
February 03, 2010
Tax credits for Film and Interactive Digital Media
VANCOUVER - A proposed new tax credit for digital media, combined with changes to provincial film tax credits, recognizes the convergence of these sectors
January 19, 2010
2010 Economic Outlook Stabilizing, But Risks Remain
VICTORIA - British Columbia's economy is stabilizing and is expected to grow 2.9 per cent in 2010, partly due to the effects of the 2010 Olympic and Paralympic Winter Games
December 17, 2009
Standard & Poor's Affirms AAA Credit Rating
VICTORIA - Standard & Poor's has affirmed the Province of British Columbia's credit rating at AAA, the highest possible, noting the Province's debt reduction has given B.C. an increased capacity to respond to the global recession, Finance Minister Colin H
December 04, 2009
B.C. Economy Expected to Stabilize in 2010
VANCOUVER -The B.C. Economic Forecast Council has slightly improved its growth projections for British Columbia
November 27, 2009
Challenges Remain as B.C. Economy Begins to Stabilize
VICTORIA - Although B.C.'s economy is beginning to show signs of improvement, the global economic downturn continues to have a negative impact and British Columbia continues to face fiscal challenges.
November 19, 2009
Province Increases New Housing Rebate Threshold
VICTORIA - The Province is proposing to increase the threshold for the B.C. HST new housing rebate from $400,000 to $525,000 to ensure that, on average, purchasers of new homes up to $525,000 pay no more tax due to harmonization.
MOODY'S CONFIRMS BRITISH COLUMBIA AAA CREDIT RATING
VICTORIA - Moody's Investors Service has confirmed British Columbia's AAA credit rating, noting the Province's track record of prudent fiscal planning and its effective management of fiscal pressures, Finance Minister Colin Hansen announced today.
TRANSITION RULES GIVE CLARITY TO BUSINESSES, CONSUMERS
VICTORIA - The Government of B.C. has released proposed general transitional rules to help guide businesses and consumers in a smooth changeover to the proposed Harmonized Sales Tax (HST), Finance Minister Colin Hansen announced today.
NDP’S RECKLESS APPROACH WOULD MEAN DEFICITS WITHOUT END
VANCOUVER – The NDP have admitted their plan for B.C.’s economy would mean spiralling deficits with no hope of balancing the provincial budget, says BC Liberal Finance Minister Colin Hansen.
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