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Burnaby Board of Trade disappointed by lack of business supports in B.C. budget

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'Budget 2023 offered no attention to the overall cost of doing business in our province.'

While the Burnaby Board of Trade was happy to see investments in numerous areas by the B.C. government in its 2023 budget, the organization is also disappointed there wasn't as much support for businesses.

Burnaby Board of Trade president and CEO Paul Holden believes businesses throughout the province need more assistance, adding the cost of doing business in the province is weighing down a potentially stronger recovery from the COVID-19 pandemic. "Ultimately it's a healthy, thriving business community that supports these needed investments; it's important we don’t lose sight of that."

"Budget 2023 offered no attention to the overall cost of doing business in our province, including the need to reduce the burden of the Employers Health Tax that is expected to raise $2.7 billion from B.C. businesses in 2023/24," the release added.

 

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