British Columbia business leaders call for PST expansion to be scrapped
VICTORIA — A coalition of business leaders says British Columbia’s government must scrap the planned expansion of provincial sales tax to a range of professional services, saying it will depress economic growth and send business to other provinces.
Bridgitte Anderson, president and CEO of the Greater Vancouver Board of Trade, says the business community is “vehemently opposed” to the PST expansion on services like engineering and geoscience services, because it raises costs and discourages investments as B.C. faces tariffs and other economic challenges.
Anderson, whose organization gave last week’s B.C. budget a D grading, says the government never discussed the expansion during pre-budget consultations.
She says the government doesn’t have a revenue problem, but a spending problem, in the face of a “skyrocketing deficit” forecast to reach more than $13 billion next fiscal year.
