Economic Action Plan 2015 to Benefit Families and Businesses in British Columbia
Government delivers balanced budget, low-tax plan for jobs and growth
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/22/15 -- Industry Canada
James Moore, Minister of Industry and Minister Responsible for British Columbia, today delivered a keynote address to members of the Business Council of British Columbia on Economic Action Plan 2015 and what benefits it will bring to families and businesses across the province.
The Minister highlighted important measures that will support industries in British Columbia. Specifically, he outlined the impact that reducing the small business tax rate from 11 percent to 9 percent will have on B.C.''s local economy, helping local businesses grow and create jobs. He also discussed how the new 10-year capital cost allowance incentive will give businesses greater planning certainty for larger projects.
The Government has provided unprecedented support for public transit, including $416.7 million for the construction of the Evergreen Line in Metro Vancouver that will connect communities and provide more transportation options for families in the Lower Mainland. Economic Action Plan 2015 will build on the Government''s record funding commitments by creating a new Public Transit Fund that will improve the mobility of goods and people and provide broad economic and social benefits to the province and Canada.
Quick facts
Economic Action Plan 2015 includes key measures to support families and businesses in British Columbia, including:
Quotes
"Our government has delivered a balanced budget that will bring new opportunities for jobs and growth to industries and businesses in British Columbia. Economic Action Plan 2015 is a responsible plan that will cut taxes for families and businesses and support communities across the province."
- James Moore, Minister of Industry and Minister Responsible for British Columbia
"The federal government has made significant progress in gradually reducing the size of the federal deficit, and with Canada having the lowest net debt-to-GDP ratio of G7 countries, the national public finances are in better shape than those of most other advanced economies. This prudent approach, combined with other national assets including a skilled and educated population and strategic infrastructure investments, positions Canada as a desirable destination for long-term international and business investment."
- Greg D''Avignon, President and CEO, Business Council of British Columbia
"This is a great budget for small businesses in British Columbia and across Canada, delivering on two key priorities: tax relief and making it easier to deal with the Canada Revenue Agency. Small business owners in British Columbia feel heard, and that''s good for all Canadians."
- Laura Jones, Executive Vice-President, Canadian Federation of Independent Business
"The Vancouver Board of Trade, representing thousands of businesses across Greater Vancouver and B.C., is supportive of initiatives in Economic Action Plan 2015. The budget''s focus on incentives to promote small and medium-sized businesses, improve gender diversity in business and bolster national infrastructure are very much in line with the values and priorities of The Vancouver Board of Trade and will provide great benefits to British Columbians."
- Iain Black, President and CEO, Vancouver Board of Trade
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Contacts:
Jake Enwright
Press Secretary
Office of the Minister of Industry
343-291-2500
Media Relations
Industry Canada
343-291-1777
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Datum: 22.04.2015 - 13:50 Uhr
Sprache: Deutsch
News-ID 1353440
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