CBC: Why the most wealthy in B.C. are being hit with a higher income tax

February 19, 2020
Colin Wong


Meantime, business leaders in B.C. are worried about what the new tax on top income earners will mean for economic growth.

Jock Finlayson speaks for the Business Council of British Columbia and says the tax will make it harder to attract and retain talent in B.C.

"I mean this will become a very challenging place to convince people to put a head office and create head office jobs when the tax burden on skilled people is appreciably much higher than south of the border," he said.

The tax increase to the top tax bracket is the second hike in three years in B.C.

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