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The government is raising some taxes and lowering others.
Some key promises are still in the pipes.
The budget is particularly important given the upcoming election.
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Heading into this month's B.C. budget, Premier Christy Clark is saying all the right things about scrapping the Medical Services Premium (MSP) tax. The B.C. Liberals have been busy pouring water on every smoldering election issue they can find. On and on the list goes, leaving the MSP tax as one of the few big potholes remaining on the road to re-election.
The most basic economic principle is, when there is a rise in demand, the invisible force of supply will kick in, and this is how economic growth is generated. For those who want to blame the housing crisis on immigrants, let's think about how our economy would look like if B.C. or Canada did not have the intake and growth brought by immigrants.
The story of Anita and Wolfram Gottschalk being separated after 62 years of marriage has triggered a public response that few could have imagined just days ago. Predictably, other stories are coming out in follow up media reports. It seems everyone has some experience to share with finding care for elderly couples -- often with varying needs. At BC Care Providers Association, we might have predicted that a story like this would eventually catch the public's attention. For the past 2 years we have been engaging with government, our health authorities, medical professionals, and member stakeholders on developing creative solutions to meet the growing need.
Petty. One word that springs to mind after last week's B.C. budget. At best, it's a lip service budget. Tweak here, tweak there, but devoid of any real purpose. To be sure, some were tossed a chi...
Finance Minister Michael de Jong pulled out some bright red lipstick and smeared it all over the Medical Services Premium (MSP) tax pig in the 2016-17 B.C. Budget this week. This was a marketing gimmi...
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The idea is to coax buyers into the red-hot market.
During 10 days of public meetings, special interest groups demanded $18.6 billion from the provincial government. It's 40 per cent of the province's annual budget. It's more than B.C. spends on health care. It's a ridiculous amount of money.
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B.C.'s projected surplus has dipped $7 million from last February's forecast, but the province is still on target to post a $277 million surplus by the end of the year.
They have closed 24 out of 68 courthouses, 10 jails, 176 schools and 85 per cent of legal aid offices. It's really not hard to see where all the extra money came from.
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You can only hide behind your "Families First" catch phrase for so long before families start to wake up and realize that we all deserve so much better then what you have to offer.
These are all issues that every citizen can relate to and some of them, if not addressed soon, could be the downfall of our province.
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B.C. may very well have some of the lowest personal income tax rates in Canada, but that doesn't mean the lowest tax bill. So doing that "lowest personal income tax" thing is a cute trick, but at the end of the day it's a trick. And not a particularly empathetic one.
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What choices can I make as an individual taxpayer with the money you say you have saved me? I can't provide a better public transportation system. I can't provide more doctors or more nurses. I can't ensure our elderly are cared for.
De Jong should be commended for B.C.'s exclusive membership in the balanced budget club. But with its commitment to the status quo, the government misses an opportunity to build an even better economic future.
But what's really killing off the economic hopes of most British Columbians is the incessant nickel-and-diming by a government that lacks the political will to set personal income tax rates at a level where the tax burden is shared fairly among everyone in B.C.
Finance Minister Mike de Jong's budget projects a surplus of $284 million.
You may not realize it, but you're drowning in debt. In fact, we all are.
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"B.C. is currently on target to balance the 2014/15 budget," declared B.C. Finance Minister Mike de Jong while unveiling the government's latest financial update. In reality, however, B.C.'s government debt will grow again this year.
VICTORIA - British Columbia's post-election budget surplus came in $200 million higher than forecast, but the province's finance minister said that doesn't mean he's prepared to release his grip on go...
Our beautiful landscape, outdoorsy way of life, and mild weather can only overcome a certain amount of taxes. People are already beginning to vote with their feet, leaving our province for greener pastures -- another spin that will continue to speed up if the BC Liberals do not reverse course.
The funny thing about provincial budgets is that sometimes they tell you a lot more about a government's attitude than what the politicians might have intended when they first wrote the document.
VICTORIA - One of the first questions British Columbia's Finance Minister Mike de Jong was asked when he introduced the Liberal government's proposed Liquefied Natural Gas Income Tax as part of last w...
VICTORIA - British Columbia's Liberal government tabled a balanced budget Tuesday, delivering a fiscal blueprint that forecasts three years of surpluses and introduces plans to levy a two-tiered incom...
VICTORIA - Quotes on the B.C. budget:———"The budget in one or two words? I came up with three — a triple-b budget — boring, balanced budget. But we're one of only two provinces in Canada that can boas...
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VICTORIA - Some highlights from B.C.'s 2014-2015 budget:— The budget projects surpluses of $184 million for 2014-15, $206 million for 2015-16, and $451 million for 2016-17.— The total provincial debt...
VICTORIA - Families First was a surprisingly successful slogan for Premier Christy Clark's Liberals, but families aren't necessarily first in the government's latest budget.The admittedly "modest" new...
VICTORIA - B.C.'s transportation minister is defending ferry-service cuts, particularly on minor and northern routes, saying the high cost of low ridership can't be justified.Todd Stone told the legis...