B.C. commits $113 million to Trans-Canada Highway Six-Laning, Langley to Aldergrove

Today, the British Columbia government has committed $113 million in its share of funding for Phase 2 of the Trans-Canada Six-Laning – Fraser Valley Project. This will be a federal-provincial-municipal project to six-lane the highway from 216th Street to 264th Street. “This major highway widening project will improve safety, capacity and access on this important route that serves as the main east-west link for...


Statement of condolence on George Ferguson

VICTORIA – Finance Minister Michael de Jong, QC, issued the following statement today expressing condolences on behalf of the B.C. government on the passing of longtime public servant and former Mayor of Abbotsford, George Ferguson, who died March 7, 2017 at the age of 91. “He was an esteemed public servant, having served as mayor of Abbotsford for over three decades. His legacy for the City of Abbotsford is...


Budget 2017 supports plans for new Mills Memorial Hospital

With Budget 2017, the B.C. government is supporting a new hospital for Terrace and area, Finance Minister Michael de Jong announced today. “The Province has heard the calls from residents about the need for a new hospital in this community,” said de Jong, who spoke at the Terrace and District Chamber of Commerce about Budget 2017. “A new facility will support this region, and the families that live and work in...


MOODY’S Investors Service has confirmed British Columbia’s AAA credit rating

MOODY’S Investors Service has confirmed British Columbia’s Aaa credit rating for the 12th year in a row, as well as a stable outlook, thanks in part to the Province’s track record of prudent fiscal planning and diversified economy leading to economic growth, Finance Minister Mike de Jong announced on Monday. “We have maintained a focus on prudent controlled spending while attracting investment, and...


Statement of condolence on David Holmberg, Sr.

VANCOUVER – Finance Minister Michael de Jong, QC, issued the following statement today expressing condolences on behalf of the B.C. government on the passing of community volunteer and philanthropist David Holmberg, Sr., who died January 23, 2017: “Dave built a successful business from integrity, hard work and respect that led to long-standing relationships. The values that helped build his family business, he...


Increased home owner grant helps families with property taxes

Increased home owner grant helps families with property taxes. The threshold increase to $1.6 million helps ensure virtually everyone who received the grant last year will also receive it in 2017. The strength of the Province’s economy and sound fiscal management have put us in a position to raise the threshold by such a large amount this year to help home owners. The Province is increasing the home owner grant...


BC continues to outperform the country in economic growth

British Columbia’s Second Quarterly Report continues to forecast increased revenues and reduced debt, demonstrating that government’s ongoing fiscal prudence, economic diversification and debt reduction continue to have a positive impact on the provincial economy, Finance Minister Michael de Jong announced today. Revenues are forecast to increase by $372 million in 2016-17, compared to the first quarter...


Honoured to have opened trading at the London Stock Exchange today

Following B.C.’s highly successful issue of a Masala bond into the Indian offshore rupee market in September, B.C.’s Finance Minister Michael de Jong was invited to open trading at the London Stock Exchange today where the bond was listed. de Jong was in London to celebrate B.C. becoming the first foreign government to issue a bond in the Masala market. He was joined by Alok Sharma MP, Parliamentary Under...


Remember to get your flu shot

It’s that time of year. Remember to get your flu shot. Thank you Kuljeet Thiara for looking after me once again. https://www.healthlinkbc.ca/health-feature/flu-season


Standard and Poor’s affirms B.C.’s AAA-stable credit rating

Standard and Poor’s has affirmed British Columbia’s AAA credit rating and stable outlook, praising the Province’s strong economy, budgetary and fiscal performance, Finance Minister Michael de Jong announced today. The agency’s report says B.C.’s AAA rating reflects the Province’s “very strong” financial management, economy, and budgetary flexibility, adding that B.C.’s credit strengths include,...