bc economy

9:29AM
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Rhetoric from the campaign trail stressed increased spending and higher taxes.


8:53AM
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Policy uncertainty can drive down business investment by between six and 10.5 per cent.


1:33PM
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The NDP-Green agreement calls for a 67 per cent increase in B.C.’s carbon tax.


3:46PM
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Uncertainty—particularly from the potential for higher taxes—will make B.C. less attractive to business.


8:25AM
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Every extra dollar of net income earned by any business that steps over the $500,000 threshold will be taxed at a rate five and half times the small business rate.


3:24PM
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This year’s budget more than doubles last year’s spending increase estimate.

12:19PM
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British Columbia’s natural gas resources are substantial and the international market for liquefied natural gas is growing.


1:09PM
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Canadian natural gas, sold to markets in India and Asia, could displace some of their need to generate power with coal.