SOUND OFF: B.C. is now a ‘have not’ province
AT A TIME WHEN PREMIER JOHN HORGAN is strongly hinting at a snap election call this fall, the Ministry of Finance put out a late-day news release last week confirming small business will no longer receive any additional assistance from government during the pandemic.
Effective September 30th, there will be no further extension for businesses to remit payment of provincial sales tax, carbon tax, motor fuel tax, tobacco tax and hotel tax due to COVID-19.
This comes as a devastating blow to many small businesses – especially in the tourism industry – that are still struggling to get off their feet in the wake of the pandemic.
Rather than release a comprehensive economic recovery plan, Horgan is now telling the business community that they will have to pay up months of back taxes or face severe penalties.