Tuesday, July 27, 2021


Finance

BC Budget 2021: Largest mental health investment included in BC’s 2021 budget

The Province promised $500 million for mental health initiatives.
Real estate

The average price for a single-family home in Victoria is currently $932,000

And people are still buying them! 😳

B.C. comes closest among provinces to pre-COVID employment levels

Growth was slower than in previous months, however.
BC Legislature

B.C. extends emergency COVID-19 supplements for those on disability, low-income seniors

Those on CERB or EI are not eligible.

B.C. has recovered 58% of jobs lost at the height of COVID-19 pandemic

The provincial unemployment rate is now at 11.1%
Fairmont Empress

B.C. tourism industry seeking $680 million to recover from COVID-19 pandemic

The sector is set to see a 69% decrease in revenue this year

B.C. projecting “staggering” $12.5 billion budget deficit due to COVID-19

"This could be the worst downturn experienced by our province in recent history," says Minister Carole James.
One-bedroom rates in Victoria are on the up

B.C. extends temporary rental supplement until August 2020

The freeze on evictions for non-payment of rent also remains in place, but evictions for other reasons will be allowed later this month
Insurance

Insurance in BC costs 42% more than it does in Alberta (REPORT)

A new driver would pay ICBC $4,319 a year to insure a Honda Civic, the report says
$5 bill

Nominations are now open for the new face of Canada’s $5 bill

No fictional characters allowed!
Basketball

Province grants $350,000 to help Victoria host basketball tournament

That’s a lot of Air Jordans.

6 million Canadians affected in Capital One credit card security breach

As well as roughly 100 million Americans.

Minimum wage in BC will increase by $1.20 this Saturday

Wages for liquor servers, resident caretakers and live-in camp leaders are also going up

Adulting 101: 9 ways to help you handle debt like a boss

Hint: A LOT of them have to do with credit cards!

Adulting 101: 8 tips you need to know before buying a home in Victoria

#7: Pre-qualifying is a thing!

Canada Revenue Agency site goes down amidst tax season

As if filing taxes wasn’t fun enough already 🙄
BC Legislature

BC now has the 9th highest personal income tax in all of North America

We also have the highest carbon tax in both Canada and the US.

Canada’s new vertical $10 banknote will go into circulation next week (PHOTOS)

With a portrait of the first Canadian woman to ever be featured on a regular banknote

Province takes further step towards eliminating MSP premiums

It's official: the Employer Health Tax will come into effect on January 1st, 2019
Budget

BC government seeks public input on building Budget 2019

What would you like to see in the province's budget for next year?

50% of BC workers live paycheque to paycheque (SURVEY)

And 39% say they spend all of their net pay