Economy

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

Adult education in BC: A Canadian outlier

Feb 6, 2017
Thankfully for their residents, not every province handles adult education like BC where the government has eroded access to high-school level courses for adults while other provinces are making basic education more accessible. In mid January, the Province of Ontario announced policy changes to make adult education more affordable and to ensure that low and… View Article