2017-2018 British Columbia budget highlights

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Feb 21, 2017

On February 21, 2017, the Minister of Finance, Michael de Jong, presented the 2017-2018 BC Budget (Budget 2017). It is the fifth consecutive balanced budget, projecting a modest surplus.

Budget 2017 also projects the elimination of the province’s operating debt in 2020/2021. Minister de Jong reiterated his government’s commitment to “improving affordability and increasing competitiveness” in the province through the introduction of a number of taxation measures aimed at providing financial relief for British Columbians and investment in key program areas, as outlined in Budget 2017.

The announced changes to taxation in British Columbia are outlined in our Canadian tax alert.

For further details, we refer you to the Ministry of Finance website.

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