Return to all BCBC in the News
Published opinion pieces by BCBC staff are available here

BCBC In The News

Vancouver Sun: B.C. Budget 2019: What we got last year, and what we want this year

[EXCERPT]

Finlayson would like to see a small reduction in one of the NDP’s taxes, arguing the tax bracket for higher income taxes should rise from $150,000 to $250,000, to align with policies in Alberta and Ontario. He also wishes for some type of relief for the industries that are the most affected by the increasing carbon tax.

Still, Finlayson anticipates James will produce a balanced operating budget. He would like to see a slight increase on the capital projects side — but wants B.C.’s current debt-to-GDP ratio of 14 per cent to stay below 20 per cent so that the province can hold on to its triple-A rating.

“We think there is a lot of unmet need for capital, both maintenance and to build new bridges and tunnels and infrastructure,” he said.

The throne speech was silent, he said, on attracting business investment in B.C. “To me that sends a signal that the budget won’t have much around building the economy. Because that has not been much of a major focus of this government. Their agenda has been more social and environmental.”