Surrey Board of Trade releases positions on Corporate Tax and Carbon Tax in advance of Provincial Budget and Provincial Election
Thursday, February 14, 2013 at 11:03AM 1. BC Corporate Tax
Position of Surrey Board of Trade:
The Surrey Board of Trade believes that the BC Government should not be contemplating any increases in the BC Corporate Tax rates, particularly in light of the negative impact on business of the returning BC PST. The BC Government should instead be seeking measures to mitigate such impacts. In particular, the BC Government should protect and further encourage business investing, upgrading and innovation in BC.
2. Carbon Tax
Position of Surrey Board of Trade:
The Surrey Board of Trade asks for a comprehensive and urgent review of the carbon tax to ensure its efficacy across all industries.
The Surrey Board of Trade agrees with the philosophy of the carbon tax to change behavior to seek alternative energy sources and alternative transportation, however, the unintended negative consequences impacting the provincial economy, business competitiveness, the increased cost of living and other impacts to reduce the increased cost of fuels may outweigh the value of continuing the carbon tax in BC.








