CHANGES TO PROVINCIAL CABINET
Honourable Colin Hansen was appointed Minister of Finance and Minister Responsible for the Olympics on June 23, 2008. [News release]
News
NEW TAX CUTS FOR BRITISH COLUMBIANS BEGINNING JULY 1
VICTORIA – Starting tomorrow, British Columbians will pay less income tax thanks to tax cuts made possible by the revenue-neutral carbon tax, announced Finance Minister Colin Hansen.
DISTRIBUTION OF THE CLIMATE ACTION DIVIDEND
VICTORIA – British Columbians have started to receive their $100 Climate Action Dividend.
NEW EMISSIONS DATA IMPACTS CARBON TAX RATES
VICTORIA – Environment Canada has updated the emission conversion factors for certain fuel types based on a technical review conducted by an expert panel over the past year. As a result, the Province has revised its carbon tax rates on various fuel types in advance of the implementation of the carbon tax.
BRITISH COLUMBIA AND ALBERTA IMPROVE INSURANCE ACTS
VICTORIA – The British Columbia and Alberta governments have introduced amendments to their insurance laws to enhance consumer protection and increase efficiencies for the insurance industry.
CARBON TAX GUARANTEES TAX CUTS FOR BRITISH COLUMBIANS
VICTORIA – British Columbia is the first province to implement a comprehensive, revenue-neutral carbon tax – an initiative that returns every dollar raised to the people and businesses of British Columbia as tax cuts, Finance Minister Carole Taylor announced.
The Ministry of Finance provides fiscal policies and regulatory frameworks to support a strong provincial economy and the sustainable delivery of services to British Columbians.
