UBCM convention kicks off with speculation, health taxes top of mind for municipalities - News Summed Up

UBCM convention kicks off with speculation, health taxes top of mind for municipalities


Tax criticismLocal governments submitted 205 resolutions for the convention, the majority of which will be debated over the course of the week. While many of them concern longstanding issues of contention between local and municipal government, several resolutions focused on two new taxes the province introduced earlier this year: the speculation and health payroll tax. Some municipalities have criticized the speculation tax for being implemented in their jurisdictions without any local control, and criticized the health payroll tax — which replaces MSP premiums — because it will increase expenses for local governments. "The payroll tax is a million bucks a year to us. "We've been clear as a government and British Columbians have been clear: they want a speculation tax, and we've done that," she said.


Source: CBC News September 10, 2018 16:57 UTC



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