Taxes

Property taxes in Vancouver are still too low, fueling inequality and speculation

Dec 2, 2019

We’ve heard a lot of griping recently about Vancouver’s proposed property tax increase for 2020, but missing from the debate is a reality check on the city’s extremely low tax rates. Vancouver’s property tax rate is, in fact, the lowest in North America, at just $2.56 per $1,000 in assessed value—or 0.26%. Why is Vancouver’s… View Article

Who owns it? The democratic socialist debate Canada should be having this election

Aug 19, 2019

By Alex Hemingway

We live in an era of extreme inequality of wealth and power across much of the developed world, and Canada is no exception. Public confidence in political institutions and “political classes” in the West is in long-running decline. The failure of established institutions to grapple adequately with the crises we face is giving way to an… View Article

BC’s LNG tax breaks and subsidies offside with the need for climate action

May 9, 2019

By Marc Lee

The BC government’s new fiscal framework for LNG is fundamentally at odds with the province’s CleanBC climate plan. Details in the government agreement with LNG Canada show that BC is subsidizing fossil fuel production at a time when we need to keep it in the ground. The BC government made four major concessions in the… View Article

Turn off the taps? Alberta already has Vancouver over a barrel

Apr 29, 2019

By Marc Lee

Drivers in Metro Vancouver are reeling from record high gas prices, and many commentators are blaming taxes. Now, Alberta’s Premier-elect Jason Kenney is threatening to “turn off the taps” to push prices even higher because, it is alleged, BC is causing them to lose billions of dollars in oil revenues by opposing the Trans Mountain… View Article

Reality check: Only BC’s very richest paying higher tax rate

Mar 25, 2019

By Alex Hemingway

Under personal tax changes announced by the BC government over the past year and a half—including elimination of Medical Services Plan (MSP) premiums—the vast majority of households are seeing their tax bills fall, while the richest 1% are paying more. This is good news for tax fairness in BC. In a fair system, we pay… View Article

Carbon pricing: Prospects and protests

Feb 11, 2019

By Marc Lee

The federal government’s plan to put a price on carbon is set to be a top issue heading into October’s federal election. The carbon pricing backstop—which lets provinces and territories implement their own plans but imposes a minimum carbon tax on those who do not—has drawn the ire of provincial governments in Ontario, Manitoba, Saskatchewan… View Article

Priorities and funding for health care in BC

Jan 14, 2019

By Alex Hemingway

This post is part of our BC Budget 2019 series, which highlights key findings from the CCPA’s research and outlines our recommendations for the 2019 provincial budget. Find more from the series at: policynote.ca/budget2019 In any provincial budget, health care is one of the biggest line items and, of course, one of our most vital… View Article

Whose wealth is it anyway? BC’s top 10 billionaires and the rest of us

Dec 12, 2018

By Alex Hemingway and David Macdonald

Economic inequality has exploded in recent decades—globally, in Canada and here in BC. Much of our concern about inequality has focused on the growth of extreme disparities between the incomes of the very rich and those of us on the middle and lower rungs of the income ladder. But there’s been much less focus on… View Article

BC can afford major new investments in the common good

Dec 3, 2018

By Alex Hemingway

This post is part of our BC Budget 2019 series, which highlights key findings from the CCPA’s research and outlines our recommendations for the 2019 provincial budget. Find more from the series at: policynote.ca/budget2019 BC has the financial means to make major differences in the lives of British Columbians. The most recent update to BC’s… View Article

Employer Health Tax refinements good news for public services, non-profits

Nov 22, 2018

By Alex Hemingway

Just over a month before the new Employer Health Tax comes into effect, we have some of the final details of the tax’s design at hand. The provincial government released implementation details for the tax (EHT) over the summer and introduced legislation to enact it last month. The EHT replaces the deeply unfair Medical Services… View Article

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A progressive take on BC issues

A progressive take on BC issues

Taxes

Property taxes in Vancouver are still too low, fueling inequality and speculation

Who owns it? The democratic socialist debate Canada should be having this election

BC’s LNG tax breaks and subsidies offside with the need for climate action

Turn off the taps? Alberta already has Vancouver over a barrel

Reality check: Only BC’s very richest paying higher tax rate

Carbon pricing: Prospects and protests

Priorities and funding for health care in BC

Whose wealth is it anyway? BC’s top 10 billionaires and the rest of us

BC can afford major new investments in the common good

Employer Health Tax refinements good news for public services, non-profits