menu_open
Columnists
We use cookies to provide some features and experiences in QOSHE

More information  .  Close
Aa Aa Aa
- A +

Opinion: B.C.'s path to prosperity starts with tax cuts—not government jobs

5 1
15.11.2024

Following the NDP government’s re-election, Premier David Eby’s new cabinet will be sworn in Nov. 18. The first priority of this government? Well, it should be tax reductions and spending cuts.

British Columbia’s GDP per person, a key measure of the economy and living standards, will shrink by a projected two per cent in both 2023 and 2024. In fact, GDP per person is essentially the same today as it was six years ago.

Moreover, government accounts for nearly all job creation in the province since 2019. Indeed, from 2019 to 2023, private sector employment in B.C. increased by just 12,000 jobs while the number of government jobs—provincial, federal and local—in the province increased by 102,100. Put differently, 89 per cent of all net job creation in B.C. was in government. That’s a big problem as the private sector ultimately pays for the government sector, including the salaries and benefits of........

© BIV


Get it on Google Play