Economic indicators ‘blinking red’ business groups warn incoming B.C. NDP government

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BC Election Nouvelles

BC Politics,Business,Economy

A coalition of major business groups have penned open letters to all of the major party leaders, calling on them to make the economy job number one when the legislature returns.

Now that the dust has settled on the B.C. election, several B.C. business and industry groups are calling on the new government and opposition to work together on action to improve the province's economy. Richard Zussman reports.

At the same time, he said businesses have reported spending between $5,000 and $10,000 on security costs, and have seen their labour costs climb 22 per cent since 2019.For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen.Those include raising the payroll cap for contributions to the Employer Health Tax to $1.5 million, action to slash permit wait times, help to offset B.C.

Kamloops Centre Conservative MLA Peter Milobar said the opposition will be watching closely to ensure the NDP follows through on the commitments.

 

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