Globe and Mail: B.C. budget hikes taxes on top income earners; provincial debt set to rise

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British Columbia remains one of the strongest provinces in the country for labour markets and economic growth, but growth has moderated, particularly for trade-exposed industries such as mining and forestry.

The Business Council of B.C. had urged the government to offer relief in this budget on the province’s rising carbon tax for energy-intensive industries that must compete with other jurisdictions where the tax rate is lower. Ms. James told reporters she is still working on tax relief.

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