Economy

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Fiscal update shows B.C. deficit climbing to $13.8B, despite revenue boost

Budget 2026 projected a deficit of $13.3 billion in February, but the Ministry of Finance said Monday it now expects a deficit of nearly $13.8 billion.

Forestry groups say B.C. needs urgent action to revive the sector

B.C. forestry groups say the sector has reached a breaking point and are urging the province to take immediate action to protect mills, jobs and access to timber.

B.C. premier pushes Ottawa to go further on U.S. tariff response

B.C. Premier David Eby said Canada’s latest counter-tariffs on U.S. goods are “a good start,” but he said more non-tariff measures should be considered in response to the escalating trade war.

B.C. premier says ‘every weapon’ is on the table as Canada-U.S. trade war escalates

B.C. Premier David Eby said the additional 50-per-cent tariffs imposed on Canadian goods by the United States are "inexplicable" and "indefensible" and reaffirmed his refusal to return American alcohol to government liquor store shelves.

Provinces asked to lift U.S. alcohol ban with U.S.-Canada trade deal in sight

Prime Minister Mark Carney has asked provinces to return U.S. alcohol to store shelves, according to Nova Scotia Premier Tim Houston.

B.C. lumber industry hoping for trade relief in new Canada-US deal

B.C. forest industry groups are closely watching the latest high-stakes round of Canada-U.S. trade talks.
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B.C.’s deficit for last year comes in $3 billion lower than forecast

B.C. posted a $7.7-billion deficit for 2025-26, about $3 billion lower than forecast, as higher revenue and lower spending improved the province's year-end finances.

B.C. adds 17,800 jobs in July as unemployment falls

British Columbia added 17,800 jobs in July, marking a third straight month of employment gains, according to Statistics Canada.

Eby rejects calls to lift U.S. alcohol ban, calls it ‘only leverage’ in trade war

Premier David Eby said Tuesday that B.C. will keep U.S. alcohol off store shelves, saying lifting the ban would weaken Canada's leverage in its trade dispute with the United States.

StatCan says B.C. added 7,800 jobs in June

British Columbia added 7,800 jobs in June as the province's unemployment rate fell to 6.5 per cent, according to Statistics Canada's latest labour force survey.
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Alberta proposes pipeline through southern B.C. constructed by Trans Mountain and Pembina

Alberta's proposed new oil pipeline would be built along a southern route to the B.C. coast through a partnership with Trans Mountain Corporation and Pembina Pipeline Corporation.

Eby to travel to China this weekend to pitch B.C. energy, goods and tourism

Premier David Eby is heading to China this week on a trade mission aimed at strengthening economic ties as British Columbia looks to diversify its exports beyond the U.S. market.
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