The government has once again refused to set a timeline for returning to a balanced budget.
Government Spending & Taxes
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.
This $51 billion increase in spending represents total growth of 20.1 per cent in just three years.
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.
In today's budget, B.C. NDP Finance Minister Carole James said the government’s housing plan will be “comprehensive."
It’s not clear that the usual way of doing journalism these days contributes much to good government.
Premier John Horgan’s NDP government campaigned on balanced budgets.
In 2016-17, the deficit was $0.991 billion but $6.276 billion was added to the net debt.
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