B.C. Budget: Summary of Tax Measures February 17, 2026 The Government of British Columbia released its 2026 Budget on February 17, 2026, with several significant tax measures that will affect both individuals and businesses across the province. Below is a clear summary of the most important changes...

  Holdbacks are amounts of progress billings that are not paid until specified payment conditions in the contract are satisfied, or until defects have been rectified.   BC Builders Lien Act   In British Columbia, the Builders Lien Act (the “Act”) provides rights and imposes obligations on most of the...

  Accounting for construction revenue can be a complex topic, especially for large contracts of long durations that take many months or even years to complete. The revenue that a company shows in its annual financial statements is not necessarily the same as the amount that...