Crown Agencies Exempt
- The following organizations are exempted from the application of section 13 [service plans] of the Budget Transparency and Accountability Act:
- 552513 British Columbia Ltd.
- BC Transportation Financing Authority
- BCIF Management Ltd.
- BC PNP Fast Track Fund Ltd.
- British Columbia Enterprise Corporation
- British Columbia Public School Employers' Association
- British Columbia Railway Company and its subsidiaries
- British Columbia Trade and Invest Ltd.
- Canadian Blood Services
- Community Social Services Employers' Association of British Columbia (CSSEA)
- Creston Valley Wildlife Management Authority
- Crown Corporations Employers Association
- Health Employers Association of British Columbia
- Leading Edge Endowment Fund
- Nechako-Kitamaat Development Fund Society
- Organized Crime Agency of British Columbia
- Provincial Rental Housing Corporation
- Rapid Transit Project 2000 Ltd.
- Real Estate Council of British Columbia
- The Post-Secondary Employers' Association
- Transportation Investment Corporation
Statements of the Minister of Finance under section 24(3) of the Budget Transparency and Accountability Act
As required by section 24(3) of the Budget Transparency and Accountability Act (BTAA), this statement is to provide the reasons for the Minister of Finance recommending the following:
New Exemption from Service Plans and Annual Service Plan Reports Reporting Requirements
A regulation has been enacted under which British Columbia Trade and Invest Ltd. (BCTIL) is exempted from the application of sections 13 [service plans] and 16 [annual service plan reports] of the BTAA for the current and subsequent fiscal years, as this government organization satisfied the materiality threshold exemption criterion, approved by the Minister of Finance. The Responsible Minister is required to return to Cabinet in the event of any material changes to the operations and mandate of BCTIL to confirm Cabinet direction on the exemption status of BCTIL under the BTAA.
New Exemption from Service Plans Reporting Requirement
A regulation has been enacted under which the Real Estate Council of British Columbia is temporarily exempted from the application of section 13 [service plans] of the BTAA for the 2017/18 fiscal year only, due to the new designation of the agency, recent formation of the board and the need for more time to prepare an effective service plan.
New Exemption from Service Plans Reporting Requirement
A regulation has been enacted under which Transportation Investment Corporation is exempted from the application of sections 13 [service plans], 14 [major capital project plans], and 16 [annual service plan reports] of the BTAA on an ongoing basis, as the organization is undergoing significant transition through a series of restructuring initiatives, and its future form and mandate are going to change significantly. TI Corp will be required to report annually in the Service Plan and Annual Service Plan Report of the Ministry of Transportation and Infrastructure.
