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“We have been working with the province on a low-carbon industrial strategy, and come to an agreement that we have a competitive advantage because the carbon intensity of the things we sell to the world have half the [greenhouse gas] intensity of competing jurisdictions,” said Greg D’Avignon, president of the Business Council of B.C.
He added that without support to offset the cost of the carbon tax “these industries are now operating at a unique global and North American competitive disadvantage.”
D’Avignon said it’s time for action, or investment and jobs will be leaving the province.
“Capital acts, it leaves,” he said.
