Welfare rule targets 49000 jobless households in British Columbia
A new policy requires employable welfare recipients to show proof of job hunting or risk cutoffs, excluding single parents and two parent families. BC officials say the measure, backed by a $37 million program of employment services, aims to break welfare dependence while noting uneven regional job access.
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Moody's Upgrades BC Credit To AA1 In Fourth Hike This Year
Moody's raises British Columbia credit rating to AA1 from AA2 citing strong economy low deficits and BC Hydro debt repayment from operating revenue. BC Hydro head office sold for 56 million to Western Global Real Estate Corp above appraised value. Also plans 1 billion rapid transit program for Vancouver area with SkyTrain extensions and SeaBus expansion.
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