News

B.C. Moves to Permanent Daylight Saving Time: A Win for Businesses Across the Province

The Government of British Columbia announced today that the province will permanently adopt daylight saving time. After clocks spring forward on March 8, 2026, they will not be turned back, ending twice-yearly time changes for good and transitioning B.C. to a single, stable time zone year-round.

British Columbia announces big changes to Provincial Sales Tax (PST)

British Columbia has proposed expanding PST to certain professional services effective October 1, 2026. Learn what the proposed changes could mean for your business.

BC Chamber of Commerce Statement on Budget 2026

Jen Riley, President and CEO of the BC Chamber of Commerce, released the following statement in response to the release of Budget 2026 by the Government of British Columbia.
“As expected, Budget 2026 provides a sobering economic outlook for the province in the year ahead and over the three-year fiscal plan.

BDC Monthly Economic Letter March 2026

Soaring oil prices: What do they mean for the Canadian economy and entrepreneurs?

The price of crude oil has surged 40% over the past two weeks, rising from US$65 per barrel at the end of February to nearly US$95 per barrel. In response to Israeli-U.S. strikes that began on February 28, Iran has blocked the Strait of Hormuz—a key oil transit route.