The BC NDP and Finance Minister Carole James gave us a preview of their first fiscal update since taking the helm of the province in July.
They’re set to deliver their first budget on September 11th, however it’s not expected we’ll see much change in tax policy or new spending until the NDP-Green government delivers their spring budget.
Holding a minority government is quite restrictive for destroyers, and thank goodness for that.
But what was revealed in the data and numbers essentially proves right and makes the case for fiscal conservative policies when it comes to not only taxation, but spending as well.
While some may not have considered the BC Liberals a true conservative party, it’s apparent that they positioned British Columbia to have the lowest income taxes and lowest corporate taxes of any province in Canada.
Watch as I share the numbers Carole James revealed which show large increases in revenues from income taxes, corporate taxes, PST, and property transfer taxes thanks to the strong economy, and also explain why NDP policies towards resource development will jeopardize all of that.
Unfortunately, Carole James, John Horgan and the BC NDP are reminding the country of the real meaning of the letters BC - Bring Cash.