Times Colonist: B.C. budget: Province unveils new taxes on soft drinks, high earners

February 18, 2020
Colin Wong

[EXCERPT]

The B.C. Business Council of B.C. complained that the budget, while balanced, will do nothing to encourage new companies to invest in B.C. , while the new tax on top earners adds to the risk that head offices will leave the province.

“We think it’s a mistake,” said Jock Finlayson, the council’s executive vice-president. “It won’t raise as much revenue as they’re predicting and it’s a bit of a shot across the bow, I think, to business that, even though we’re trying to work constructively with this government, we’re not having much success.”

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