US EditionRob Shaw: BC Budget Criticized for Raising Costs for Seniors
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Rob Shaw: BC budget criticized for raising costs for seniors
As British Columbians digest the impact of this week’s new provincial budget, one group in particular stands to see significant negative changes: senior citizens. Several measures in Tuesday’s budget will raise costs for seniors. They include significantly higher interest rates on a property tax deferral program intended to help them remain in their homes longer, expanded Provincial Sales Tax on key items and the delay of new planned long-term c…
On Tuesday (February 17), the British Columbia Ministry of Finance released its 2026 fiscal year budget, with a large deficit and new taxes raising questions from the business community, policy experts, and the opposition.
BC Raises Taxes, Adjusts Housing Investments, And Partners With Build Canada Homes
This week, a series of announcements were made that will go a long way towards shaping what the near future of government investment in housing looks like in British Columbia.On Tuesday, right after the long weekend, the Province unveiled Budget 2026, confirming what was widely expected to be a record-setting deficit. In 2022, the Province had a $1.3 billion budget surplus. A few years later, the Province is now projecting a deficit of $13.3 bil…
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