S Finance
Five agreements ratified at post-secondary institutions under Shared Recovery Mandate
June 6, 2023 VICTORIA – Agreements covering about 2,100 Canadian Union of Public Employees (CUPE) support staff at five post-secondary institutions have been fully ratified under the Province’s Shared Recovery Mandate. The agreements were reached as part of a CUPE support-staff template table that included the main compensation items and then required local bargaining to […]
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Read MoreFinancial assistance expanded for people affected by flooding
June 5, 2023 VICTORIA – Disaster Financial Assistance (DFA) eligibility has been expanded for people affected by flooding from April 27 until May 16, 2023, and now includes additional areas in the Regional District of Kootenay Boundary and Thompson-Nicola Regional District. People and communities in the following areas are now eligible for DFA: electoral areas […]
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Seabird Island Band receives Financial Management System Certification
Seabird Island Band receives Financial Management System Certification SEABIRD ISLAND BAND – Seabird Island Band (SIB) has achieved Financial Management System (FMS) Certification from the First Nations Financial Management Board (FMB). This means that SIB’s finance and administrative governance practices now meet FMB standards, which are based on internationally recognized standards of financial management. As […]
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Read More$41-million COVID economic aid program for the tourism sector met most guidelines
May 30, 2023 VICTORIA—A COVID-19 economic recovery program for the tourism sector followed most of government’s required guidelines, but had some minor gaps and inconsistencies, according to an audit by the Office of the Auditor General. The Ministry of Tourism, Arts, Culture, and Sport expedited its design and launch of Destination Development grants after COVID-related […]
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Read MoreFraud reported by nearly half of B.C. government ministries
May 2, 2023 VICTORIA—Forty-five per cent of B.C. government ministries were exposed to at least one form of fraud between 2021 and 2022, according to responses to a questionnaire about fraud risk management in the public sector. The Office of the Auditor General’s questionnaire was sent to 22 ministries last September to gauge perceptions about […]
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Read MoreSpeech to the Select Standing Committee on Finance & Government Services
April 28, 2023 Good morning, Honourable Chair, Deputy Chair, and Members of the Committee. It is important for my office to acknowledge that I address you today on the traditional territories of the Ləkʷ̓əŋin̓əŋ people, also known as the Songhees and Esquimalt First Nations. As an Officer of this Legislature I also acknowledge that I […]
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Read MoreNew funding supports First Nations participation implementing Declaration Act
April 27, 2023 VICTORIA – The Province is reducing barriers for First Nations to fully participate in implementing the United Nations Declaration on the Rights of Indigenous Peoples (UN Declaration) and build a better future. The Declaration Act Engagement Fund will help support First Nations’ involvement in efforts to implement the Declaration Act Action Plan […]
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Read MoreBCI Releases 2022 ESG Annual Report
April 26, 2023 Victoria, British Columbia – Today, British Columbia Investment Management Corporation (BCI) released its 2022 ESG Annual Report . The publication provides key updates and insight into how we capture opportunities and manage risks associated with environmental, social, and governance (ESG) factors in the best financial interests of our clients. “BCI’s ESG leadership […]
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Read MoreFirst Nations urge banks to stop financing Trans Mountain Expansion Project – Castanet
Apr 24, 2023 A coalition of First Nations groups are calling on Canada’s six largest banks to cease lending funds to the Trans Mountain Expansion project. The Tsleil-Waututh Nation and the Union of British Columbia Indian Chiefs (UBCIC) have written letters to the CEOs of RBC, BMO, TD, Scotiabank, CIBC and National Bank, urging them […]
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Read MoreBC First Nations highlight Canadian banks’ pattern of supporting Trans Mountain Expansion through preferential rates
April 19, 2023 xʷməθkʷəy̓əm (Musqueam), Sḵwx̱wú7mesh (Squamish) and səlilwətaɬ (Tsleil-Waututh) Territory/Vancouver, B.C. This week Tsleil-Waututh Nation (TWN) and the Union of British Columbia Indian Chiefs (UBCIC) wrote letters to the CEO of Canada’s six largest banks, RBC, BMO, TD, Scotiabank, CIBC and National Bank regarding the $10 billion loan currently being negotiated for the Trans […]
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