What to Expect
Further details on the NDP’s economic plan and how it will align with the government’s sustainability goals will be revealed Thursday when Premier Horgan and Jobs Minister Kahlon speak at the GLOBE Forum.
Yesterday, the government introduced legislation intended to help homebuyers in a market that remains hot. The proposed cooling-off period is intended to give homebuyers a chance to properly consider large purchases in the market. Details will be set in regulations. The politics of homebuying remain top of mind for many in the province as prices remain high and affordability continues to be a major issue.
The government is also expected to release its finalized action plan for the Declaration on the Rights of Indigenous Peoples Act sometime this week. This will serve as the government’s road map toward reconciliation in the coming years.
The Week That Was
As of March 23, all B.C. residents aged 18 and older are able to access free rapid antigen testing kits at participating pharmacies. Eligible individuals can pick up a total of five testing kits in 28-day increments.
In an attempt to mitigate the cost burden resulting from the increased gas prices, B.C.’s public auto insurer will be providing customers with a one-time rebate of $110. The rebate will cost ICBC $396 million.
The latest round of funding from CleanBC’s Industry Fund will be open for applications on April 1 and will support “preliminary studies that aim to remove barriers, mitigate risks and determine the viability of potential emissions reduction projects.” A total of $171 million is available through the Industry Fund this year.
