PST- GST bad for construction and business association BC

Philip Hochstein, President of the Independent Contractors and Businesses Association of B.C., called today’s referendum results a disappointment for the province and the construction industry.

By Dave Hamilton

Publisher

Philip Hochstein, President of the Independent Contractors and Businesses Association of B.C., called today’s referendum results a disappointment for the province and the construction industry.

“British Columbians lost a powerful economic tool this past Friday – one that was already creating jobs, increasing investment, and building the construction industry,” said Hochstein. “Now B.C. will hand back $1.6 billion to the federal government and spend millions to move back to an old, inefficient tax system with no benefits.”

Hochstein added that the family-owned construction companies who make up ICBA now face higher costs and wasted efforts to go through the transition back to the PST-GST.

“They’ll be spending time with forms and systems instead of building – and all to move to a tax system that will hurt rather than help job creation,” Hochstein said.

ICBA’s President encouraged the government to look for ways to keep the job-creating efficiencies of the HST when it brings back the PST-GST system.

“The way the HST worked – especially its flow through nature – was driving investment and job creation in B.C. by lowering costs for a wide range of employers,” Hochstein added. “If there is way to add that powerful tool to the out-of-date PST system, British Columbians will benefit.” says Hochstein

Just Posted

Sparwood residents warned of mine blast

The blast at Elkview Operations is expected to be visible from the Sparwood community

Fernie women step in to save autism program

Branch Out Learning and Behaviour Therapy to replace EK Behaviour Intervention Program in June

Reader survey offers Free Press readers $5000 cash prize

The Free Press is offering readers the chance to win $5000 cash… Continue reading

SD5 drafts business case for Fernie school expansion

Ecole Isabella Dicken Elementary School is currently 30 per cent over capacity

District of Elkford celebrates grand opening of new municipal office

Submitted District of Elkford The District of Elkford has officially begun serving… Continue reading

Kelowna toddler suffers cracked skull after fall from balcony

Neighbour who found the two-year-old boy said he has a bump the size of a golf ball on his head

Fernie barbecue chef challenge this weekend

May 26 cook off to showcase local talent and produce, while raising funds for Fernie Rotoary

Community spirit saves Sparwood’s Coal Miner Days

Volunteers still needed to help run event, which will be held from June 3-9 at various locations

Baby boom seniors putting pressure on B.C. long-term care: report

B.C. leads Canada in growth of dementia, dependence on care

RCMP probe if teen was intentionally hit with ski pole by mystery skier on B.C. mountain

The incident happened on March 20 on Grouse Mountain. Police are urging witnesses to come forward

Support growing for orphaned Okanagan child after father dies in highway crash

Family thanks emergency crews for assistance in traumatic incident

Pipeline protester chimes in on Justin Trudeau’s B.C. fundraising speech

The government purchased the Trans Mountain pipeline and expansion project for $4.5 billion

UPDATED: B.C. man says he’ll take People’s Party lawsuit as far as he can

Federal judge shut down Satinder Dhillon’s ‘nonsensical’ motion to bar use of PPC name in byelection

Most Read