The tax leads to higher operating costs that hurt the competitiveness of businesses in the province.
bc tax system
June 28, 2024
1:00AM
February 3, 2023
11:14AM
The province's top combined income tax rate increased from 43.7 per cent to 53.5 per cent.
January 27, 2023
9:01AM
The province has the highest average level of tax on new investment of any large province.
June 11, 2019
3:00PM
The Horgan government raised the general corporate income tax rate.
September 19, 2018
11:29AM
The B.C. government also raised the general business income tax rate from 11 per cent to 12 per cent.
March 21, 2018
9:44AM
B.C.’s overall tax rate on new investment is 27.7 per cent—the highest rate in Canada.