• First Nations-first ministers' meeting brings funding announcements and mixed reviews

    Source: CBC Politics
    Date: 2026-10-26 22:37:54.0
    Tags: [National, Indigenous, Finance, Infrastructure, Emergency, Governance]

    Prime Minister Mark Carney convened the first Indigenous-focused first ministers' meeting in over two decades in Ottawa alongside the Assembly of First Nations, led by National Chief Cindy Woodhouse Nepinak. Carney announced proposed federal funding ahead of the Nov. 5 budget, including more than $2.5 billion over five years for emergency preparedness in First Nations communities and more than $630 million over four years for First Nations and Inuit policing. Additionally, Carney committed to exploring the reform or abolition of the 1876 Indian Act and instructed his finance minister to collaborate with First Nations on new revenue-sharing mechanisms, such as a potential sovereign wealth fund.

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  • 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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