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.

Town of Comox adopts financial plan, tax rates at special council meeting

Town of Comox Nathan Maley -
The Town of Comox adopted its 2026–2030 financial plan bylaw and the 2026 tax rates bylaw during a special council meeting on May 13. 

CVRD approves 2026 budget and five-year financial plan at March 24 meeting

Comox Valley Regional District Nathan Maley -
The Comox Valley Regional District (CVRD) has approved its financial plan through 2030. 

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

Provincial 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.

Comox Valley Schools seeking public feedback on preliminary budget consultations for 2026-2027

School District 71 Nathan Maley -
Public feedback is being sought to help shape the preliminary budget for School District 71. 

CVRD begins 2026-2030 budget process

Comox Valley Regional District Nathan Maley -
Comox Valley residents are being encouraged to share feedback on the Comox Valley Regional District’s financial planning process. 

Village of Cumberland eyes 3.94% tax increase for 2026 budget

Village of Cumberland Wylie Henderson -
The draft plan calls for an estimated 3.94 per cent increase to the municipal tax levy, which would cost an extra $26 a month for an average residential property.

2026 budget to be proposed for council consideration October 22

Town of Comox Nathan Maley -
The Town of Comox will consider its 2026 operating budget at the regular council meeting on October 22. 

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.

Five year financial plan adopted by the Town of Comox

Municipal News Nathan Maley -
Comox Town Council have officially adopted their five-year financial plan.  At the May 14 special council meeting, town council adopted...
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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.

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.

B.C. Conservatives propose income tax cuts as NDP, Greens unveil election promises

2026 BC Election
B.C.'s major political parties are pitching tax cuts, frozen auto insurance rates and education improvements as the provincial election campaign continues.

B.C. Conservatives drop Victoria-Beacon Hill candidate over racist social media posts

2026 BC Election
The B.C. Conservatives have dropped their Victoria-Beacon Hill candidate after racist social media posts and comments appearing to support violence surfaced.