Burnaby Board of Trade Pleased with Balanced Provincial Budget
The Burnaby Board of Trade is pleased with the provincial budget announced yesterday in Victoria by Finance Minister Mike de Jong. The provincial budget contained a return to balance with an anticipated surplus of $175 million for the current fiscal year.
“The Burnaby Board of Trade is happy to see the provincial government’s budget return to balance and was pleased to see that there were no surprises for the business community announced yesterday,” commented Burnaby Board of Trade President & CEO Paul Holden. “We look forward to seeing the provincial government work towards achieving and utilizing the projected future surpluses.”
Previously, the Burnaby Board of Trade had advocated for the provincial government to prioritize public transportation and the high tech & film/tv industries in future budgets. While the budget did contain modest measures in regards to these sectors, including the Distant Location Tax Credit and the Scientific Research and Experimental Development Tax Credit, the Burnaby Board of Trade will continue to advocate for these matters.