's independent power producers, Surerus Murphy starts hiring for Kamloops section of Trans Mountain pipeline, U18 Trackers camp well-attended despite the circumstances, High School Rodeo: Pouce Coupe #2 (Moore Ranch) results, Fort St. John Badminton Club preparing for Winter Games, Wyatt Turney wins bronze medal at Special Olympics Canada Bowling Championships, Bantam Trackers split weekend home series, tied for third in standings, Canadian Taylor Pendrith ties for second at Korn Ferry event, North American stock markets make gains from morning plunge. After Mr. Horgan's comments last week, the utilities commission, the independent energy regulator for the province, decided to hear additional submissions on rates through Jan. 30, a spokesperson said in a statement on Thursday. "The baseline credit assessment also takes into account BC Hydro's ability to independently support all of its outstanding debt, in addition to making aggregate payments (i.e. Over the next two fiscal years, BC Hydro will add around $3 billion in debt. reporter@dcdn.ca. Moody's has upheld BC Hydro's Triple-A credit rating, but will be keeping a close eye on the Crown corporation as it takes on debt to build the Site C dam. For more information on our commenting policies and how our community-based moderation works, please read our Community Guidelines and our Terms and Conditions. Moody’s further states that B.C.’s “continued fiscal surpluses, strong economic growth that will exceed the national average, and a diversified trade and export profile which protects the province from specific-sector based shocks” are key factors that support B.C.’s high rating. British Columbia is leading the way in clean technology with companies developing clean energy projects funded through the Innovative Clean Energy (ICE) Fund. Utilities Commission and instead propose keeping them steady for the 2019 fiscal year. In a December filing to the utilities commission, BC Hydro said the government's freeze should be upheld because it was a clear direction to Energy Minister Michelle Mungall in her mandate letter from Mr. Horgan when he appointed her to cabinet.

Adrian Dix says Site C is already over budget During BC Hydro estimates last week, BC NDP critic Adrian Dix said the $8.8 billion Site C project is already over-budget—claims Energy Minister Bill Bennett said were "absolutely incorrect." Your support is vital to helping us provide free local news. government is stepping up to help eligible outdoor adventure businesses, fishing and hunting lodges, guest ranches, ecotourism lodges, seasonal campgrounds and other commercial recreation operators during the COVID-19 pandemic. If you are looking to give feedback on our new site, please send it along to, To view this site properly, enable cookies in your browser. Shortly after talking power last year, the government directed Crown-owned BC Hydro to cancel a requested rate increase before the B.C. "We will continue to monitor BC Hydro's financial strength over the coming years through the construction and initial operations of Site C." Site C spend to put 'upward pressure' on rates Capital expenditures in the coming years, including on Site C, are expected to put an "upward pressure" on electricity rates, Moody's notes. "(Dix's) conjecture or suggestion that somehow or other the contingencies have suddenly been spent is absolutely incorrect." Dr. Bonnie Henry, B.C.’s provincial health officer, and Stephen Brown, deputy minister of health, have issued the following joint statement regarding updates on the novel coronavirus (COVID-19) response in British Columbia: Lake Babine Nation, Canada and the Province of British Columbia have signed a landmark new reconciliation agreement that sets the foundation for a 20-year journey to implement and recognize Lake Babine Nation rights and title, leading to greater prosperity, partnership and economic development that benefits everyone in the region for generations to come. has lower debt servicing costs, which makes more funding available for government priorities. The NDP-proposed rate freeze has raised concerns because the government said it plans to add the $142-million in lost revenue linked to the measure to BC Hydro's debt load. International credit rating agency Moody’s Investors Service has affirmed British Columbia’s Aaa credit rating, citing strengths in B.C.’s diversified economy, consistent balanced budgets, projected surpluses and strong debt affordability.
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