Carbon taxes are back on centre stage in Canada, after a new “bipartisan” Ecofiscal Commission came out in favour of the idea.
british columbia
“B.C. is currently on target to balance the 2014/15 budget,” declared Mike de Jong, B.C.’s finance minister while unveiling the government’s latest financial update. Understandably, many British Columbians will take de Jong’s comments at face value.
As BC parents and students struggle with the teachers’ strike and prospects of a significantly delayed school year, it’s worth understanding how and why one-in-eight students (and their parents) in the province is unaffected by the strike.
British Columbia was once regarded by miners as hostile to investment and ranked last in Canada for the attractiveness of its mining policy environment. However the tide has turned in recent years and British Columbia has again improved its ratings for global mining investment.
One item sorely missing from Finance Minister Mike de Jongs recent provincial budget was a plan to make BCs business taxes more competitive and attractive for investment.
On February 18th British Columbians will be watching to see if finance minister Mike de Jongs budget sets out a plan to deliver on his governments ambitious goals with respect to economic growth and job creation. And the truth is, the province needs it. The past year was a disappointing one for BC in terms of economic and employment growth compared to other provinces.
While Premier Christy Clark aims to create an environment where growth and investment can flourish, little has been achieved since last years electoral victory. If Premier Clark is to help British Columbians obtain the desired prosperity and jobs, her top economic priority should be to make BC the most investment-friendly jurisdiction in Canada.
Heres whats needed.
Alberta Premier Alison Redford and B.C. Premier Christy Clark recently announced a "framework agreement" on the proposed Northern Gateway oil pipeline, removing what was seen as a serious barrier to development.