EXCERPT
“If they decide they don’t want to run operating deficits, it’s unclear where the revenue will come from,” said Jock Finlayson, executive vice-president of the B.C. Business Council. “We are not expecting major tax increases in the budget. We may be wrong.”
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“From 10,000 feet the position B.C. is in looks relatively favourable, certainly compared to many other places,” said Finlayson. “But they are operating in a very tight fiscal framework. The bottom line is on the major spending promises, they are going to have to move incrementally. There just isn’t going to be room for dramatic initiatives.”
