The NDP-Green tax changes, if fully implemented, will increase the tax burden for the average British Columbian family by $594.
debt and deficit
Uncertainty—particularly from the potential for higher taxes—will make B.C. less attractive to business.
More big deficits of $9.7 billion and $7.2 billion are projected for the next two years.
Alberta’s budget deficit in 2015/16 was $2,513 per person.
Canada’s defence spending has been below 2 per cent of GDP since 1989.
This year, Ontario’s debt is expected to climb by $10 billion.
By 2019/20, Canada’s debt-to-GDP ratio is forecasted to be 31.5 per cent.