SOUND OFF: New legislative session, same old NDP with no jobs plan
A SHORT SESSION of the Legislature got underway this week, but don’t count on getting any of the answers you’ve been seeking when it comes to economic recovery. If you’re a family worrying about how to pay your bills in the coming months or a small business owner struggling to stay afloat, this Legislative session will likely do little to ease your stress.
That’s because Premier John Horgan and his NDP government have not developed any long-term economic recovery plan, a massive lost opportunity to address a wide range of challenges faced by British Columbians during this pandemic. People are looking for answers and this Legislative session was the perfect opportunity for the government to present its Second Quarterly Update, which should have been delivered last week to give us a sense of the province’s financial situation. But it’s not on the agenda. Meanwhile, the only thing that’s on the table is legislation that delays the introduction of the provincial budget by two months to April 30th, thus postponing the delivery of additional support for people and months by many months more.
This is on top of the NDP’s lackluster results in delivering a series of supports people and businesses were promised long ago. For example, last March the legislature unanimously approved $1.5 billion in economic recovery supports for businesses. The NDP then wasted six months of time before announcing that $300 million of these supports would be used to fund the Small and Medium Sized Business Recovery Grant, a week before John Horgan called the snap provincial election – which delayed flowing these supports by another couple months.
Fast forward to today, and disappointingly this program is a red-tape disaster with a complicated application process. Among 18 eligibility requirements, businesses must be currently operating, have been in operation for at least three years, had a revenue loss of 70 per cent during March and April 2020, and revenue losses of at least 50 per cent every month since. With it taking so long to roll out the program and with such restrictive eligibility requirements, I suppose we should not be surprised that only 1,400 businesses are “in the process” of accessing this grant to date, according to Ravi Kahlon, Minister of Jobs, Economic Recovery and Innovation.