Highlights from BC Budget 2017

Feb 21, 2017
The 2017 BC Budget was just released; here’s our analysis so far: MSP goes down for families with income under $120,000 MSP premiums are going to be cut in half for families with incomes under $120,000 as of January 2018. Essentially, BC Budget 2017 reverses the MSP increases this government implemented over the last 15… View Article

What you need to know about the provincial debt

Feb 21, 2017
One of the more memorable promises Premier Clark made in the last election was the one of a debt-free BC (in 20 years or so). So it’s understandable that people are interested in what has happened to BC’s debt since then. Provincial debt has increased from $60.7 billion in 2013/2014 to an estimated $69.8 billion… View Article

Tax fairness in BC? Hardly

Feb 16, 2017
Tax cuts disproportionately benefitted the richest 1% of British Columbians, write @IglikaIvanova & @1alexhemingway: https://t.co/iZbcztdPem pic.twitter.com/BavNnT2WWp — The CCPA–BC (@CCPA_BC) February 16, 2017 As we wait to hear more about the tax cuts coming in BC Budget 2017, it is important to remember what has happened to our provincial tax system over the past 16… View Article

The problem with tax cuts: The promise doesn’t match the reality

Feb 15, 2017
The big news item in yesterday’s BC throne speech was that the Premier’s plan to relieve affordability pressures for families will include tax cuts of some sort. The problem with this plan: the inevitable flip side of tax cuts is lost public revenues. And while most governments—including Clark’s—promise that tax cuts won’t affect public services, the reality… View Article

The rise and fall of climate action in BC

Feb 13, 2017
It was a decade ago, in the February 13, 2007 Speech from the Throne, when the BC government launched into a frenzy of climate action never before seen in the province. Almost all of the BC government’s current “climate leadership” claims – so heavily promoted in a pre-election advertising spree – came out of a… View Article

BC’s natural gas giveaway: Production soars, revenues plummet

Feb 9, 2017
Not long ago, BC received huge annual royalty revenues from its growing natural gas sector. The revenues were often billed as paying for essential public services like health care and education, and were appealing politically as they meant governments did not have to raise taxes to do so. The provincial government claimed that new production… View Article