The $110 rebate is forecast to cost the province $410 million. Among a far more modest package of new spending, the province is also freezing ICBC rates at least through 2026.
A year after the BC NDP made affordability the centerpiece of its pre-election budget, the government has unveiled a far more modest package of new spending amid U.S. tariffs.
“It is true that this is not a budget that has splashy new announcements. It’s not that,” Finance Minister Brenda Bailey said Tuesday. That includes raising the income threshold for the family-focused Rental Assistance Program from $40,000 to $60,000 and boosting the supplement from $400 to $700 per month.
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