EXCERPT:
The Business Council of British Columbia said it is is concerned about the cost of the new tax.
“Our initial assessment is that this new tax will increase overall payroll costs for our members by several hundred million dollars a year,” Greg D’Avignon, the Business Council’s President and CEO, said in a statement.
The BCBC said it supports the childcare investment and is cautious about the housing measures.
"While further review of their potential impact is warranted, the planned changes, taken together, are unprecedented in scope and may cause some disruption to the market,” D'Avignon said.
