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Ministry of Finance

VICTORIA – The Province is proposing to increase the threshold for the B.C. HST new housing rebate to ensure that, on average, purchasers of new homes up to $525,000 pay no more tax due to harmonization, Finance Minister Colin Hansen announced.
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.
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.
VICTORIA – The level of transparency and accountability in the Province’s budget process has improved significantly over the past 10 years, and additional steps will build further on the credibility of the Province’s budgets, according to the report of the Budget Process Review Panel tabled in the Legislature by Finance Minster Colin Hansen.
VICTORIA – British Columbians are being asked for their views on how the next provincial budget should provide for core services; make B.C. more competitive; and help guide the Province into full economic recovery, Finance Minister Colin Hansen announced today with the release of the 2010 Budget Consultation Paper.
VICTORIA– Legislation to amend and update the Insurance Act will improve protection for consumers in the insurance market, Finance Minister Colin Hansen announced today with the introduction of Bill 6, the Insurance Amendment Act, 2009.
VICTORIA – New legislation to improve investor protection, make financial services sector legislation consistent with the Trade, Investment, and Labour Mobility Agreement (TILMA) between British Columbia and Alberta, and speed up government payments was introduced in the Legislature today as Bill 5, the Finance Statutes Amendment Act, 2009.
VICTORIA – The B.C. government is protecting vital services and positioning British Columbia for renewed economic growth, Finance Minister Colin Hansen announced as he released the September Budget Update 2009.
VICTORIA – The Province is launching a review of publicly funded, independently regulated transportation authorities to ensure customers and ratepayers are receiving maximum value for services, Finance Minister Colin Hansen and Transportation and Infrastructure Minister Shirley Bond announced.
VICTORIA – British Columbia intends to harmonize its provincial sales tax with the federal Goods and Services Tax effective July 1, 2010, to boost new business investment, improve productivity, enhance economic growth and create jobs, Premier Gordon Campbell and Finance Minister Colin Hansen announced.
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