The B.C. Liberals say theyB次元官网网址檝e counted 23 new and increased taxes in the NDP budget presented Tuesday, including extending the provincial sales tax to streaming services like Netflix and Disney Plus.

The B次元官网网址淣etflix taxB次元官网网址� is tucked away in the fine print of the budget book, taking effect on July 1.

B次元官网网址淐anadian sellers of goods, along with Canadian and foreign sellers of software and telecommunications services, will be required to register as tax collectors if specified B.C. revenues exceed $10,000,B次元官网网址� says a section on page 64 of Finance Minister Carole JamesB次元官网网址� budget.

The budget also requires sellers of vaping products to register for a new PST of 20 per cent, announced last November to discourage use of nicotine and non-nicotine substitutes for smoking. The regular PST remains at seven per cent, on a wide variety of goods and services, soon to include B次元官网网址渟weetB次元官网网址� soft drinks, whether sugar-free or not.

says she just found a in - PST applied to streaming services

B次元官网网址� Tom Fletcher (@tomfletcherbc)

In the legislature after James presented the budget, B.C. Liberal finance critic Shirley Bond pointed to B次元官网网址渆mployment dropping, economic indicators are trending in the wrong directionB次元官网网址� as the province continues to increase spending and taxes.

B次元官网网址淲e need to see a robust, thoughtful strategic growth plan in British Columbia, and thatB次元官网网址檚 completely non-existent in the budget we saw today,B次元官网网址� Bond told reporters after the speech.

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B.C. Liberal MLA Stephanie Cadieux questioned the budgetB次元官网网址檚 forecasts for the Insurance Corp. of B.C., which forecasts a $91 million deficit for the fiscal year ending in March, then surpluses in the next three years. This follows record deficits totalling $2.5 billion in the previous two years.

B次元官网网址淛ust a few months ago we were told that there was going to be a $50 million deficit this year,B次元官网网址� Cadieux said. B次元官网网址淚tB次元官网网址檚 ballooned to $91 million, and they havenB次元官网网址檛 accounted yet for the loss in court that was going to cost approximately $400 million. ThereB次元官网网址檚 no mention [in TuesdayB次元官网网址檚 budget] of how theyB次元官网网址檝e managed to absorb that in the last few months.B次元官网网址�

Bond noted that ICBC rates will continue to go up, except for a 20 per cent cut planned for a few months before the scheduled 2021 election. And Cadieux questioned the latest rate overhaul that increases rates for young drivers.

B次元官网网址淚CBC rates are so unaffordable for our kids that they canB次元官网网址檛 afford to insure their cars to go to university,B次元官网网址� Cadieux said.

tfletcher@blackpress.ca
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