The budget proposes cumulative deficits totalling $72.8 billion over the government’s first mandate.
The government has once again refused to set a timeline for returning to a balanced budget.
The province will spend nearly $22 billion on health care in 2018/19.
Four provinces have increased their general corporate tax rates over the last three years, including B.C. and Alberta.
The Trump administration has significantly improved the business environment in the U.S.
Prime Minister Trudeau has stated unequivocally that he won’t reduce Canadian taxes to remain competitive.
The new EHT will apply to businesses with annual payrolls of more than $500,000.
Premier John Horgan’s NDP government campaigned on balanced budgets.
The program is designed so Canadians who die early in life subsidize those who live longer.
The increased CPP tax alone translates into $1,624 more in taxes.