EN FR

Taxpayers Federation calls on new B.C. finance minister to cut taxes and reduce the debt

Author: Carson Binda 2022/12/07

VANCOUVER, B.C.: The Canadian Taxpayers Federation is calling on British Columbia’s new finance minister, Katrine Conroy, to cut taxes and pay down the provincial debt. 

 

“Taxpayers desperately need relief,” said Carson Binda, B.C. director for the CTF. “The appointment of a new finance minister gives the government a golden opportunity to start making life more affordable by cutting taxes.” 

 

Last month’s announcement of a $5.7 billion surplus in the provincial budget shows there’s ample room for Conroy and Premier David Eby to reduce taxes. 

 

“This year the B.C. government is increasing taxes on gasoline, diesel, home heating, used vehicles and homes,” said Binda. “Instead of raising taxes, Conroy needs to show leadership and reduce them.” 

 

Taxpayers also need action on reducing the provincial debt, which currently stands at more than $97 billion. Each B.C. resident owes about $18,500 towards the provincial debt.

 

“Governments in Alberta and Saskatchewan have shown leadership through cutting taxes and paying down billions of dollars of debt,” said Binda. “Eby and Conroy should follow their lead so that families can afford to put food on the table and we stop giving away billions of dollars in interest charges to bondholders on Bay Street.”

 

 

-30-

 

A Note for our Readers:

Is Canada Off Track?

Canada has problems. You see them at gas station. You see them at the grocery store. You see them on your taxes.

Is anyone listening to you to find out where you think Canada’s off track and what you think we could do to make things better?

You can tell us what you think by filling out the survey

Join now to get the Taxpayer newsletter

Franco Terrazzano
Federal Director at
Canadian Taxpayers
Federation

Join now to get the Taxpayer newsletter

Hey, it’s Franco.

Did you know that you can get the inside scoop right from my notebook each week? I’ll share hilarious and infuriating stories the media usually misses with you every week so you can hold politicians accountable.

You can sign up for the Taxpayer Update Newsletter now

Looks good!
Please enter a valid email address

We take data security and privacy seriously. Your information will be kept safe.

<