With B.C.’s operating deficit heading past the $13 billion mark due to COVID-19, more than four out of five B.C. residents are concerned that tax increases and service cuts are coming, according to a new survey from the Business Council of B.C.
The business group commissioned a public opinion survey from Ipsos Public Affairs to test support for its “Stronger Tomorrow, Starting Today” recovery plan, to support businesses hit hardest by the pandemic and public health measures to contain it. The plan includes placing a time limit on municipal project approvals and restructuring B.C.’s sales tax to give the private sector a better chance to invest and recover.
The survey was conducted shortly after Premier John Horgan won a majority mandate in the Oct. 24 election. It found 81 per cent agreement that the B.C. government should do more to support businesses, and 79 per cent are concerned that the NDP’s election promises are going to lead to higher taxes or debt.