Oregon's per-person GDP was 20 per cent higher than in B.C.
british columbia economy
The province's top combined income tax rate increased from 43.7 per cent to 53.5 per cent.
During the restraint period, per-person spending increased by $44 per year compared to $401 from 2016/17 to 2019/20.
The province has the highest average level of tax on new investment of any large province.
The provincial budget forecasts a large increase in debt over the next few years relative to the size of the economy.
Payroll costs across the provincial government sector are poised to increase sharply.
B.C.'s business tax rate rises from 2 per cent to 12 per cent once a company’s revenues reach $500,000.