Finances

Finance Minister Selina Robinson talks about financial aid due to inflation and the cost-of-living increases and support during a press conference at Goudy Field in Langford, B.C., on Wednesday, September 7, 2022. Robinson says preliminary financial numbers for the first three months of the current fiscal year show the province is in a strong position despite ongoing global economic risks. THE CANADIAN PRESS/Chad Hipolito

B.C. says financial outlook improving, forecasts $706 million surplus

Finance minister presented province’s first quarterly report Sept. 12

 

B.C. Auditor General Michael Pickup issued a qualified opinion indicating that parts of government’s financial statements are not accurate. (Office of the Auditor General photo)

Parts of B.C.’s financial statements are inaccurate, auditor general says

Michael Pickup issued ‘unusual’ qualified opinion on three areas of the financial statements

 

Ramy Rayes, BCI’s Executive Vice President of Investment Strategy & Risk. Derek Ford photo

2022 marks successful year for B.C.’s public sector pension investment manager

BCI invests on behalf of 31 public-sector pension plans, insurance funds and special purpose funds

  • Aug 1, 2022

 

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Surrey looking at $10.7M budget shortfall because of policing expenditures

Corporate report by Kam Grewal, Surrey’s general manager of finance

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File photo: Tom Zytaruk

Annis says 2.9% Surrey property tax increase a ‘complete myth’

Coun. Linda Annis says tax bills coming in at 20% higher than last year

File photo: Tom Zytaruk
Gas hit the listed price of $2.19.9 at one Vernon service station on 25th Avenue at 43rd Street Thursday, June 2. (Roger Knox/Morning Star).

Strategic support for B.C. residents needed as central bank works on inflation: experts

Economist says to expect food prices to stay high for another year

Gas hit the listed price of $2.19.9 at one Vernon service station on 25th Avenue at 43rd Street Thursday, June 2. (Roger Knox/Morning Star).
G&F Financial Group is proud to be your community credit union — their Guildford Branch has been designed with your needs in mind.

Hello neighbour! Enjoy life beyond banking at new Guildford Branch

Hello neighbour! G&F Financial Group is proud to be your community credit…

  • May 23, 2022
G&F Financial Group is proud to be your community credit union — their Guildford Branch has been designed with your needs in mind.
A tradesperson works on a balcony at a condo tower under construction, in Burnaby, B.C., on Wednesday, March 2, 2022. The British Columbia Real Estate Association says the sharp increase in mortgage rates is pushing the province's home sales down "a path to normalizing," although it estimates a balanced market is at least a year away. THE CANADIAN PRESS/Darryl Dyck

Higher interest rates push homes sales in B.C. back toward normal: association

British Columbia Real Estate Association estimates a balanced market is at least a year away

A tradesperson works on a balcony at a condo tower under construction, in Burnaby, B.C., on Wednesday, March 2, 2022. The British Columbia Real Estate Association says the sharp increase in mortgage rates is pushing the province's home sales down "a path to normalizing," although it estimates a balanced market is at least a year away. THE CANADIAN PRESS/Darryl Dyck
A for sale sign displays a sold home in a development in Ottawa on July 6, 2015. Earlier this month, the Liberal government unveiled a new mechanism for Canadians looking to save for a down payment on their first home: a fresh tax-free savings account.THE CANADIAN PRESS/Sean Kilpatrick

How to save for a down payment: navigating Canada’s investment savings accounts

Tax-free first home savings account offers a new way to make a down payment on first property

A for sale sign displays a sold home in a development in Ottawa on July 6, 2015. Earlier this month, the Liberal government unveiled a new mechanism for Canadians looking to save for a down payment on their first home: a fresh tax-free savings account.THE CANADIAN PRESS/Sean Kilpatrick
Mike Davies/Campbell River Mirror

Dealing with a workplace pension can be first big investing decision for young people

For millennials, figuring out what to do with a pension plan after leaving a job can be daunting

Mike Davies/Campbell River Mirror
By creating a plan for dealing with your debts and breaking the cycle of using your credit card after your payment, you'll make progress in paying off your debts, says Andrew Smith, a Licensed Insolvency Trustee with Boale, Wood & Company Ltd.

Credit cards and getting out of debt

The majority of Canadians have credit cards or other types of debts…

  • Mar 22, 2022
By creating a plan for dealing with your debts and breaking the cycle of using your credit card after your payment, you'll make progress in paying off your debts, says Andrew Smith, a Licensed Insolvency Trustee with Boale, Wood & Company Ltd.
A sign displays the price of a litre of regular grade gasoline at an Esso gas station as a motorist waits at a red light, in Vancouver, on Tuesday, March 8, 2022. THE CANADIAN PRESS/Darryl Dyck

Canadians cutting back spending on groceries, restaurants as inflation rises: poll

Four-fifths of respondents said inflation was having a serious impact on their households

A sign displays the price of a litre of regular grade gasoline at an Esso gas station as a motorist waits at a red light, in Vancouver, on Tuesday, March 8, 2022. THE CANADIAN PRESS/Darryl Dyck
An autoworker is seen on the general assembly line producing the Chevrolet Silverado, at the General Motors plant in Oshawa, Ont., on Tuesday, Feb. 22 2022. THE CANADIAN PRESS/Chris Young

Canada’s middle-aged, single parents, recent immigrants taxed harder for extra income

Federal study details workers whose extra earnings get dinged most by tax system

An autoworker is seen on the general assembly line producing the Chevrolet Silverado, at the General Motors plant in Oshawa, Ont., on Tuesday, Feb. 22 2022. THE CANADIAN PRESS/Chris Young
File photo: Black Press Media

Lost gambling revenue, facilities not at capacity having ‘significant’ impact on Surrey finances

Kam Grewal, Surrey’s finance manager, says loss to be offset by ‘cost avoidance in relation to salaries and operating costs’

File photo: Black Press Media
Photo by Nicholas Cappello on Unsplash

Securities commission clears B.C. man of market manipulation

Panel rules there was insufficient evidence against Daniel Clozza

Photo by Nicholas Cappello on Unsplash
Parliamentary Budget Officer Yves Giroux waits to appear before the Commons Finance committee on Parliament Hill in Ottawa, Tuesday March 10, 2020. THE CANADIAN PRESS/Adrian Wyld

Boost to seniors benefit this summer and beyond could cost $10.7 billion

Parliamentary budget officer is estimating the Liberals’ plan might be cheaper than anticipated

Parliamentary Budget Officer Yves Giroux waits to appear before the Commons Finance committee on Parliament Hill in Ottawa, Tuesday March 10, 2020. THE CANADIAN PRESS/Adrian Wyld
The Canada Revenue Agency (CRA) headquarters Connaught Building is pictured in Ottawa on Monday, Aug. 17, 2020. Data from the Canada Revenue Agency shows its program to combat tax evasion by the super-rich has resulted in zero prosecutions or convictions in recent years. THE CANADIAN PRESS/Sean Kilpatrick

CRA audits of ultra-wealthy Canadians yield zero prosecutions, convictions

Only two cases proceeded to federal prosecutors, with no charges laid

The Canada Revenue Agency (CRA) headquarters Connaught Building is pictured in Ottawa on Monday, Aug. 17, 2020. Data from the Canada Revenue Agency shows its program to combat tax evasion by the super-rich has resulted in zero prosecutions or convictions in recent years. THE CANADIAN PRESS/Sean Kilpatrick
Linda Annis, Aug. 12, 2020. (Photo: Malin Jordan)

Council sinks Annis’s call for independent auditor general for Surrey

‘Surrey taxpayers deserve the best possible oversight of the tax dollars they send to city hall,’ Surrey councillor argued

Linda Annis, Aug. 12, 2020. (Photo: Malin Jordan)
Linda Annis, Aug. 12, 2020. (Photo: Malin Jordan)

Annis wants independent auditor general for Surrey

‘Surrey taxpayers deserve the best possible oversight of the tax dollars they send to city hall,’ Surrey councillor says

Linda Annis, Aug. 12, 2020. (Photo: Malin Jordan)
Campbell River city council will continue its 2020 policy of waiving late fees and NSFs. (Mirror File photo)

53% of Canadians teetering the brink of insolvency: survey

A majority of Canadians admit they’re just $200 away from not being able to pay their monthly bills

Campbell River city council will continue its 2020 policy of waiving late fees and NSFs. (Mirror File photo)
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