Saturday, March 31, 2012

Conservative Budget Attacks Vancouver Island Business

The new Conservative budget puts another nail in Vancouver Island's coffin.....right next to the one provided by the BC Ferry increases....Large increases in the amount of purchases that get duty-free status encourage BC residents to visit the US instead of shopping or vacationing in BC.....This is bad enough for most of BC's retail and tourism sector but for Vancouver Island operators it comes at the same time as a BC Ferries rate hike !! http://www.cbc.ca/news/canada/toronto/story/2012/03/30/wdr-border-changes-budget.html To add insult to injury, our Liberal provincial finance minister says the new budget is "good for BC" http://www.theprovince.com/business/Falcon+likes+what+sees/6384457/story.html

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