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Helping businesses adapt, grow, create jobs through new grants
Source: British Columbia - Government News
Date: 2026-08-28 18:15:00.0
Tags: [British Columbia, National, Economy, Labour, Industry, Indigenous]The Governments of Canada and British Columbia have launched a $2.7 million funding initiative under Phase 2 of the Rural and Remote Employment Initiatives Fund to support northern B.C. businesses and First Nations development corporations responding to global tariffs. Administered by the Northern Development Initiative Trust (NDIT), the funding is split into two programs opening for applications on September 2, 2026: the Business Diversification and Sustainability (BDS) program, which provides grants of up to $200,000 covering up to 75% of project costs for small and medium-sized businesses totaling $1.8 million, and the First Nations Business Development Capacity Building program, which provides up to $75,000 per applicant covering up to 90% of eligible costs totaling $900,000. The investment is supported by federal funding through the Canada-British Columbia Labour Market Development Agreement as part of a broader $5-million provincial response to tariffs.
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Minister’s statement about Committee on Internal Trade meeting
Source: British Columbia - Government News
Date: 2026-08-28 15:38:00.0
Tags: [British Columbia, National, Trade, Labour, Economy, Governance]Federal, provincial, and territorial trade ministers met on August 27, 2026, to ratify amendments to the Canadian Free Trade Agreement establishing a 30-day service standard for labour mobility applications. Ministers committed to signing an agreement by the end of 2026 for the free trade of services and accelerated work on model mutual-recognition legislation by fall 2026. British Columbia previously advanced this domestic trade agenda by passing the Trade Recognition Act (Bill 5) in February 2026, signing a direct-to-consumer alcohol sales agreement targeting implementation by February 2027, and collaborating on the Canadian Mutual Recognition Agreement on the Sale of Goods in November 2025.
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