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BC Liberals look at tax cuts ahead of recovery talk
BY , Oct 8, 2020 7:23 PM - REPORT AN ERROR
Liberal Leader Andrew Wilkinson speaks during a campaign announcement, in Vancouver, on Wednesday, October 7, 2020. THE CANADIAN PRESS/Darryl Dyck
A BC Liberal government will immediately eliminate the 2% small business income tax in a move to give more help to businesses, workers, and families at a time when it is needed most, promised BC Liberal leader Andrew Wilkinson today.
"Small businesses represent the best of British Columbia and are the backbone of our economy.
They need our support now more than ever, which is why a BC Liberal government will immediately eliminate the small business tax," said BC Liberal Andrew Wilkinson.
Wilkinson was in Delta Thursday morning for his election campaign.
The BC Liberals have also committed to deliver emergency financing for some businesses hardest hit by the pandemic, through a loan guarantee program for the province’s more than 19,000 tourism and hospitality businesses.
"A loan guarantee program for tourism and hospitality plus elimination of the small business tax will keep more people working and help get our communities thriving again," added Wilkinson.
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