Current News Releases

Search News Headlines posted the last 90 days.

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  1. Municipal Finance Authority of BC Successfully Completes $125 Million Bond Offering
    New loans and the majority of existing loans being re-financed will pay the remarkably low rate of 0.91% until October 2025. This is the lowest rate MFABC has ever been able to offer to Members on long-term borrowing.

    September 24, 2020
  2. Municipal Finance Authority of BC Holds First Ever Virtual Semi-Annual Meeting
    37 of 39 Members of the Authority representing 26 BC Regional Districts were able to attend, approving the issuance of MFABC bonds to fund Fall borrowing requests of BC’s Local Governments. A total of 42 infrastructure projects valued at almost $67 million will be funded across 10 Regional Districts and 3 Regional Hospital Districts as a result.

    September 24, 2020
  3. UBCM Statement: Throne Speech Prioritizes COVID, Recovery, and Climate Action
    The Governor General, the Right Honourable Julie Payette, delivered the federal Throne Speech on September 23rd, which highlights the federal government’s priorities as Parliament prepares to resume. The Speech largely focuses on continued efforts to address the pandemic and measures to support an economic recovery.

    September 24, 2020
  4. Delta Declared a Bee City
    Delta is the 43rd City in Canada to receive this designation and one of only six British Columbia communities named a Bee City.

    September 23, 2020
  5. Delta and Metro Vancouver Collaboratively Add New Lands to the Burns Bog Ecological Conservancy Area
    The newly-added lands are jointly owned by the City of Delta and Metro Vancouver and will be maintained and operated in a manner consistent with the rest of the properties already under protection in the Burns Bog Ecological Conservancy Area.

    September 22, 2020
  6. Communications Infrastructure Funding to Support Economic Recovery in Rural BC
    As part of B.C.’s Economic Recovery Plan, this one-time commitment of $90 million for the Connecting British Columbia program will target connectivity infrastructure projects for a new Economic Recovery Intake. These projects will quickly bring the benefits of modern internet access to families, students, workers and businesses throughout rural B.C.

    September 21, 2020
  7. BC Communities Benefit from Investments in Emergency Preparedness
    Local, regional, and Indigenous governments in communities throughout the province have been approved to receive their share of up to $3.4 million in provincial Community Emergency Preparedness Funds (CEPF), while an additional $14.5 million from the CEPF is being allocated to new project intakes over the next several months.

    September 21, 2020
  8. Funding to Expand Solutions for Organic Waste
    The Province is launching the CleanBC Organic Infrastructure and Collection Program providing up to $25.7 million, over three years, to communities to develop or expand opportunities to divert organic waste from landfills.

    September 21, 2020
  9. Patio, Service Area Expansions, Sale and Delivery of Packaged Liquor Extended
    The extensions allow for expanded service areas, such as patios, and for the sale and delivery of unopened liquor products with the purchase of a meal by food- and-liquor-primary licensees.

    September 21, 2020
  10. Canada & BC to Deliver $540 Million for Local Government Operations
    The Government of Canada and the Province of British Columbia are working together to contribute close to $540 million in funding to support local government The announcement also includes details on an additional $418 million for community infrastructure, along with $1 billion in provincial and federal investments to help keep people moving, whether by transit, TransLink or BC Ferries.

    September 18, 2020
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