18.71°C Vancouver

Aug 13, 2024 7:49 PM - The Canadian Press

Kevin Falcon says BC United will implement largest tax cut in B.C. history if elected

Share On
kevin-falcon-says-bc-united-will-implement-largest-tax-cut-in-b-c-history-if-elected
Kevin Falcon says BC United would eliminate the tax on the first $50,000 earned by every person in B.C., allowing taxpayers to keep an additional $2,050 on average.(Photo: The Canadian Press)

The leader of British Columbia's Opposition says he would introduce the largest provincial income tax cut in provincial history if his party is elected to form government this fall.

Kevin Falcon says BC United would eliminate the tax on the first $50,000 earned by every person in B.C., allowing taxpayers to keep an additional $2,050 on average.

He says the cut would eliminate provincial income tax for 60 per cent of B.C. residents, or more than 2.4 million people.

Falcon says the tax cut would benefit many elderly people on fixed incomes and families who struggle with the high costs of living.

He says the promise would have a roughly $5.4-billion-dollar impact on B.C.'s budget annually, but he expects it would be offset by increases in private investment and personal spending.

Falcon says the tax cut would not result in cuts to government services.

Latest news

CanadaJul 10, 2026

Charges withdrawn against Ontario man in Canada's largest gold theft case

Criminal charges against an Ontario man accused in connection with what investigators have described as Canada's largest gold theft have been withdrawn. The Ontario Ministry of the Attorney General confirmed that charges against 46-year-old Ammad Chaudhry were withdrawn in a Brampton court. Chaudhry had been arrested in 2024 and charged with theft over $5,000 and accessory after the fact. The ministry did not provide a reason for the withdrawal of the charges. According to investigators, the case stems from the April 17, 2023 theft of approximately $20 million worth of gold from an Air Canada
BCJul 10, 2026

B.C. adds 7,800 jobs in June as unemployment rate falls to 6.5%

British Columbia's labour market added 7,800 jobs in June, while the province's unemployment rate fell by 0.3 percentage points to 6.5 per cent, according to Statistics Canada's Labour Force Survey released Friday. Statistics Canada reported that the health care sector led job growth with 8,500 new positions, followed by transportation and warehousing, which added approximately 7,300 jobs. At the same time, the accommodation and food services sector lost about 9,000 jobs, while professional, scientific and technical services shed 3,100 positions. The report also showed gains in both full-time
CanadaJul 10, 2026

Canadian Punjabi man sentenced to 20 years in U.S. for leading cross-border drug trafficking operation

A Canadian man of Punjabi origin has been sentenced to 20 years in a U.S. federal prison after admitting to leading an international drug trafficking organization that smuggled large quantities of methamphetamine and cocaine from the United States into Canada. According to U.S. court documents, 63-year-old Guramrit Sidhu pleaded guilty on March 26, 2026, to charges related to his role in the trafficking operation. He had been in U.S. custody since October 2024. Prosecutors said Sidhu led the criminal organization between September 2020 and February 2023. Investigators determined that between S
BCJul 10, 2026

Wildfire rages out of control near Boston Bar in B.C., Highway 1 closed

Wildfire activity near Boston Bar in British Columbia's Fraser Canyon continues to pose a significant threat, with Highway 1 closed due to uncontrolled fires burning on both sides of the Fraser River. According to authorities, the closure is in place to protect public safety. Many residents have already left for safer locations, while others remain on alert as conditions continue to evolve. Amid the emergency, Jagdeep Singh Bahl, owner of JB's Drive-In Restaurant near Highway 1, has opened his restaurant earlier than usual to provide meals for wildfire crews battling the blazes. Bahl said he i
amber-alert-issued-after-alleged-abduction-of-six-year-old-near-b-c-alberta-border
BCJul 10, 2026

Amber Alert issued after alleged abduction of six-year-old near B.C.–Alberta border

Alberta RCMP have issued an Amber Alert after the alleged abduction of a six-year-old child from northern Alberta, with investigators believing the child may now be in British Columbia, the Northwest Territories or Yukon. According to RCMP, Lanakai Morrison was allegedly taken Tuesday from Valhalla Centre, a hamlet about 63 kilometres northwest of Grande Prairie. Police said the child was last seen at about 9:30 a.m. Wednesday in Fort St. John, B.C. Investigators believe Lanakai may be with the child's 35-year-old mother, Krista Morrison, and her 35-year-old partner, Daniel Ludwig. Police also

Related News