• B.C. economy shows resilience in first quarterly report

    Source: British Columbia - Government News
    Date: 2026-09-14 19:30:00.0
    Tags: [British Columbia, Economy, Finance, Taxation, Infrastructure, Emergency]

    British Columbia's First Quarterly Report for 2026-2027 projects a provincial deficit of $13.8 billion—$450 million higher than Budget 2026—driven by an intense wildfire season with fire-management expenditures forecast at $614 million higher than budget and $458 million in higher refundable tax credits. Total provincial revenue is forecast at $86.3 billion, bolstered by corporate and personal income taxes, while real GDP growth for 2026 is forecast at 0.9% amid U.S. tariffs and global volatility. Taxpayer-supported capital spending is maintained at $12.9 billion for projects including the Quw’utsun Valley Hospital, the new St. Paul’s Hospital, and Highway 1 Colquitz River Bridges widening, alongside eight newly approved major capital projects.

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  • Supporting B.C. tech strengthens general aviation emergency response

    Source: British Columbia - Government News
    Date: 2026-09-10 16:15:00.0
    Tags: [British Columbia, Economy, Technology, Energy, Infrastructure, Emergency]

    Abbotsford-based Fast Air will receive up to $1 million through the B.C. Integrated Marketplace to test a mobile battery and solar power system developed by Richmond-based Holinova at the Abbotsford International Airport. The project replaces traditional diesel-powered backup generators with clean battery storage to power ground equipment and aircraft charging needs during grid disruptions. This initiative is the second project launched under the Forestry Innovation and Emergency Management Testbed and forms part of the provincial Look West economic strategy to support aerospace and technology sectors while ensuring uninterrupted general aviation emergency responses, such as wildfire and medical transport.

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