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BC Tax Plan Faces Internal Pushback | Vancouver News

BC Tax Plan Faces Internal Pushback | Vancouver News

Published 2 weeks, 1 day ago
Description

British Columbia’s new 7% PST on professional services like accounting and engineering is set to launch October 1st, aiming to raise $1.4 billion over three years to fund healthcare and education amid a $13 billion deficit. But an all-party finance committee — including three NDP members — has recommended scrapping the plan after hearing from thousands of business owners and stakeholders. Critics argue the move signals internal government division and could hurt a fragile economy, while the Finance Minister stands firm, calling the tax essential to maintain public services. The NDP committee chair clarified the report is for gathering ideas, not opposing government policy — even as NDP members support the plan.

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