B.C. finance minister says tariffs continue to challenge economy

['Laura Brougham', 'More Laura Brougham', '.Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow', 'Class', 'Wp-Block-Co-Authors-Plus', 'Display Inline', '.Wp-Block-Co-Authors-Plus-Avatar', 'Where Img', 'Height Auto Max-Width', 'Vertical-Align Bottom .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow .Wp-Block-Co-Authors-Plus-Avatar'] CHEK 2025-09-23 23:28:57

B.C.’s economy is continuing to be challenged by the ongoing issues caused by U.S.-imposed tariffs, the finance minister says, but a B.C. business advocate warns of the province’s deteriorating credit rating. Brenda Bailey, B.C.’s finance minster, spoke at the Union of B.C. “We had a triple A credit rating as recently as July 2021, we’re now A+ from SNP with a negative outlook,” Williams said. “One more rating downgrade and we join Prince Edward Island and Newfoundland and Labradour with our credit rating.”“We had the same credit rating as Zurich, Western Australia in sub-national debt, just a few years ago.