Chamber of Commerce disappointed in HST outcome

The Fernie Chamber of Commerce is disappointed with the outcome, but they are proud of the fact-based campaign ran by the business community. They respect the referendum decision and the need to restore a PST/GST system. BC Chamber President and CEO John Winter says a dialogue needs to take place that puts jobs first under a competitive tax system.

  • Sep. 2, 2011 7:00 a.m.

The Fernie Chamber of Commerce is disappointed with the outcome, but they are proud of the fact-based campaign ran by the business community. They respect the referendum decision and the need to restore a PST/GST system. BC Chamber President and CEO John Winter says a dialogue needs to take place that puts jobs first under a competitive tax system.

The BC Chamber are calling on the B.C. Government to support a new and improved PST that could include some of the efficiencies found in value-added taxes.

One thing Fight HST got right in its so-called Truth Report was that the “PST may not be (the) best tax” and restoring the PST/ GST could “begin the process of determining the best type of tax for British Columbians.

In the meantime, the Smart Tax Alliance (STA) will encourage the B.C. Government to explore fiscal and policy approaches that can restore some of the economic competitiveness and efficiency lost with the return of a PST/GST.

The Manager of the Fernie Chamber of Commerce Manager Sarah Parry says “We are on the precipice of a possible global recession. We need to be prepared with policy decisions that put B.C. jobs and businesses on solid footing to compete.”

The BC Chamber of Commerce is concerned about B.C.’s balance sheet knowing that a return to a PST/GST comes at a cost identified by the Expert Panel as $2.7 billion plus direct industry and small business costs in the hundreds of millions.

Smart countries around the world are looking to minimize their risk exposure by retiring debt in the current global economic turmoil.

With a $1.6 billion bill to pay back to Ottawa, B.C. will be forced to make difficult decisions affecting all British Columbians. Business confidence, certainty and jobs are at risk.

Winter says the B.C. business community will come forward to government with options on how to transition to a PST/GST as well as explore opportunities for a new consumption tax model.

The Fernie Chamber would encourage its members to talk with the Chamber and send in feedback which will be guaranteed to reach the BC Chamber.

Just Posted

People throwing food at a bear in Fernie alarms conservation groups

Wildlife conservation groups in the Elk Valley are encouraging individuals to be… Continue reading

Sushi, sake and silk kimono

“The Kimono of Ichimaru” opening night at Fernie Museum attracts sellout crowd

Mexico-bound Tour Divide riders complete first day, pass through Fernie

Divide riders looking strong as they finish first leg of 4160 km race

Convicted B.C. child abductor Randall Hopley back in custody, 6 months since release

Correctional Services Canada could not provide further details due to privacy concerns

New society to spearhead ramp building project in Fernie

Gracie Lou Foundation launches to make Fernie more inclusive; ramp building event slated for June 22

VIDEO: Huge crowds gather in downtown Toronto for Raptors parade

Mayor John Tory declares it ‘We The North Day’ after team’s historic NBA title win

Elk Valley Bulls RFC reclaim Kootenay Cup

Elk Valley beats Cranbrook 7-5 to win Kootenay Cup; team off to provincials in September

Feds announce $50M strategy to fight dementia

Emphasis is on prevention and and supporting caregivers

Federal Liberals’ plan to help first-time homebuyers to kick in weeks before election

Ottawa to pick up 5% of a mortgage on existing homes for households that earn under $120,000 a year

B.C. VIEWS: When farmland protection doesn’t protect farmers

Secondary residences aren’t mansions, families tell Lana Popham

Bombers down B.C. Lions 33-23 in season opener

Former Lion Andrew Harris leads Winnipeg with 148 rushing yards

Northern B.C. family remembers murdered Indigenous woman with memorial walk

Still no closure for Ramona Wilson’s family 25 years later

B.C. university to offer mentorship program for former youth in care

Students using the provincial tuition waiver program will soon be able to form a community at KPU

You might not know these B.C. records are public

Hired a lawyer to file a civil claim? Those are published online

Most Read