B.C.'s business tax rate rises from 2 per cent to 12 per cent once a company’s revenues reach $500,000.
british columbia economy
Future immigration into B.C. may not match pre-COVID levels.
Despite support from local politicians and First Nations groups, Andrew Weaver is digging in his heels on LNG.
Quebec and B.C. have experienced more labour disruptions than any other province over the past nine years.
The cost of regulatory delay imposed upon LNG investments in B.C. could reach C$24.8 billion per year by 2025.
Historically, British Columbia has enjoyed a high level of prosperity expressed in high incomes, low unemployment, strong investment, and a wealth of opportunities. In a brief decade, the provincial economy has been transformed from a strong, vibrant entity into one characterized by weakness and mediocrity. Only a radical change in government policy will return British Columbia to its traditional place of economic prosperity.