BC's Finance minister says municipal wages and benefits are too high. Kevin Falcon says over the last five years municipal level wages have grown over 20%. "That is just entirely not sustainable it also creates another challenge that we run into the problem where our senior executive talent in government is often being poached by the … [Read more...]
BC’s Finance Minister says PST bill is coming
It's coming as soon as possible. That according to Finance Minister Kevin Falcon, who says staff are still hard at work on legislation to officially switch from the HST back to the PST. Falcon said "what i can assure the public of is that the moment it is ready to be introduced in the house, it will be introduced forthwith, the house … [Read more...]
BC’s Finance Minister says no surtax for the wealthy in this province.
Finance Minister Kevin Falcon is ruling out a surtax on the wealthy in BC. Ontario is raising the tax rate on people earning more than $ 500,000 by 2%. But Falcon says BC does not have the huge financial problems facing Ontario, and has just had its triple "A" credit rating upheld. He said "and therefore we do not have to … [Read more...]
Finance Minister shrugs off Port Mann report from Auditor General
Finance Minister Kevin Falcon is down-playing a negative report from BC's auditor-general today, which criticizes the government's treatment of the corporation it set up to oversee construction of the Port Mann Bridge. Auditor John Doyle disagrees with the province's decision to treat that corporation's debt as self-supporting instead of … [Read more...]