Clear Full Forecast

Premier Talks About Economic Plan

By 250 News

Thursday, October 23, 2008 10:09 AM

Prince George, B.C.- Premier Gordon Campbell says his ten point plan can help B.C. weather the “economic  Tsunami that is sweeping over the world”.
Speaking on the Meisner program this morning on 93.1 CFISFM, Premier Campbell says the plan will put $144 million dollars back in the pockets of British Columbians. “When people have money in their pockets, it works its way through the economy” says the Premier.
Having recently attended a meeting with the other Premiers on the economy, Premier Campbell says he told his colleagues they had to work together to treat the economic challenges as one country of 32 million people and not province by province.   “We need to bring down the trade barriers between provinces and the trade mobility barriers” says Campbell.
Campbell says there was a time when trades people were leaving the province to find work and he doesn’t want to see that happen again “We want to accelerate capital infrastructure construction to keep them working here” says the Premier. Projects that may be on the list for “acceleration” could be the Cariboo Connector, rural roads may be another. 
He is optimistic the New North economic summit set for Prince George in January will be a positive step “There are literally billions of dollars of investment that want to come to the north. There is still interest for shippers from China and Korea for Prince Rupert. We have opened the Prince George Airport and we are asking Ottawa for a fully open skies policy so planes can land where they want to not where they are told to, Bio-energy provides enormous opportunity for forestry so there are plenty of opportunities to be discussed”
The 10 point plan also guarantees full deposits “We’ve got total confidence in our credit unions” says the Premier who says the move was to ensure that people didn’t pull their money out of a B.C.  credit union and then deposit that money in Alberta where deposits are already given a 100% guarantee.
The Premier says his government wanted to create some tools where people can make some choices about how they are going to get through the next 2 or three year period. “We (the Province) can do the things we have committed to like the 6% lift in health care and increases to education, but we may not be able to do the things we want to.”
Here in Brief are the ten points:
  1. Unlimited deposit insurance for deposits to credit unions:
  2. A new pension opportunity: The Province will create a new private
    sector pension opportunity for British Columbians who currently have no
    access to a pension plan.
  3. An accelerated, 5% retroactive personal income tax cut
  4. School property tax rebate for industry
  5. Accelerated tax relief for small business: Effective December 1, 2008
    the small business income tax rate will be reduced to 2.5 per cent from
    the current 3.5 per cent.
  6. Double commission paid to business for PST and HRT collection:
  7. Accelerated public infrastructure: The Province will accelerate
    public investments in capital infrastructure projects. Funding will
    focus on projects without a long lead time that will keep people
    employed in our construction sector.
  8. 33 per cent reduction in ferry fares for December and January 
  9. Rein in avoidable government spending: The Province will re-evaluate
    spending priorities and focus on scaling back unbudgeted increases.
  10. Recall the Legislature: As a number of these measures require
    legislative approval, the Legislature will be recalled on November 20.

Previous Story - Next Story



Return to Home
NetBistro

Comments

I have a 10 point program to revitalize the economy:
#1 Tax Corporate profits

#2 Tax Corporate profits

#3 Tax Corporate profits

#4 Tax Corporate profits

#5 Tax Corporate profits

#6 Tax Corporate profits

#7 Tax Corporate profits

#8 Tax Corporate profits

#9 Tax Corporate profits

#10 Tax Corporate profits

Cheers
Nothing like a sour economy to force people to focus on whats really important. You know things have been too good for way too long when people are more concerned about carbon dioxide of all things than they are about jobs. I think its about time we went back to being thankful to have jobs instead of stifling the economy with quack science and other nonsense. The trust fund babies that came up with all this climate change garbage dont need jobs. Remember that.
Thank you bridge! Another sane voice in a world gone mad with greed.
The NDP did Bridge's 'plan' back in the 90's and we all know how that worked out.
Sure tax corporate profits, and then wait while the jobs disappear. I guess the years of NDP government have been forgotten so quickly. REALIST, what's greedy about letting corporations take home large profits and create jobs at the same time?
How many jobs has Canfor created in the last 6 months?
Well, since Canfor posted a net loss of $21+ Million for the first six months of '08, I suspect they haven't created too many jobs.
Ya the key word there is profits. I have no doubt that when Canfor and other lumber companies are back to making good profits the jobs will follow. This is what has happened in the past. We can't ignore what's happening around us and pretend that these corporations are being greedy.
I lived thru the 10 years of NDP rule. Looking back it was alot better than the last few years with Mr Cambell giving non-stop corporate welfare with no return to the people of B.C. Don't forget his NDP like carbon tax and also makeing sure his high profile minister buddies got a 30 plus percent raise. Seems to me from one day to the next Mr Cambell doesn't know which side of the house he should sit. Bridge, you say "we did the NDP plan and look how that turned out", I don't remember communities like Mackenzie and Fort St. James shutting down under the NDP.
Ruez says, "what's greedy about letting corporations take home large profits and create jobs at the same time?"
Well Ruez, thats a great plan and I'm all for it, only one problem, the jobs are disappearing not being created as we would all like. Just ask the former emlpoyees of NCP, Canfor Mackenzie, Stuart Lake Lumber, Winton Global. The one thing all these companies have in common, they are all owned presently by companies who are still in business maximizing there profits.





Oh for god sakes you people! It is no ones fault here what is happening ALL OVER THE FREAKING WORLD. Canfor, Stuart Lake Lumber....etc etc did not cause the finacial crisis, the bug kill, global warming and many other factors at play here. What we all need to do is breath in deeply and move FORWARD!!! My husband still works due to the business dicisions Canfor made. They shut down the operations that were NOT MAKING MONEY before all of this began in order to keep the majority working. The provincial government is trying to help no matter how much negativity you put on it...it is still HELP! I for one gladly accept it. Quit the blame game already.....geeeesus What is DONE IS DONE...you can not change it....try looking forward that is where anything is possible!!!
Why do we always look at a political party that has screwed things up. This is what our corporations want us to believe. They got us into a global market nad now we have to look for a global solution. And dont tell me that it was our politicians that came up with the idea. They just got sucked in.

The corporations got us where they want us to be. They use government to equalize the pay check of the working person. Government taxes the hell out of us and then reinvests it in the economy. And big brother takes the profit and gives it to the shareholder. To get more of our dollars they have come up with a carbon tax and a song about climate change.

If the tax payer cant see this plan they must be blind. Even municipal government have gotten on the band wagon. In Prince George 53% of the city budget comes from the home owner and industry makes up 17% of the city budget. If you beleive in the jobs that corpoations provide is there only comitment to our society you probably also believe in Sant Clause.

Taxing profits is one step but the next is the control of that profit and that would be that only a certain percentage is permitted to leave our country. The oil and gas corporations are two that need some control thats way over due.

Cheers
Sorry Bridge I said I quoted you but it was supposed to be MrPG. As far as what's "DONE IS DONE" shellshaddow, I for one am glad things can be undone. At one time the politicians of the day thought bringing people over in a boat from Africa was a good idea. Another politician thought that that idea needed to be undone. So I am not a believer in what's DONE IS DONE,especially when I think what is DONE is wrong.
As far as "its happening all over the world", many of the problems in the two communities of Fort St. James and Mackenzie started in 2003 long before our current problems. That was the year Mr Cambell decided the corporations should decide what is best for our raw logs.
Oddly enough Fort St. James and Mckenzie sit on the bottom of the two largest diversafied forest districts in the province in area and timber volume. Both forest districts have plenty of non-pine timber.
E. Coli from Maritimes, Canada writes: Will the truth ever come out?

SPECIAL MEETING OF ANGRY G-7 MEMBERS TO CONVENE IN PARIS ON SUNDAY
Extreme dissatisfaction within the Group of Seven (G-7) financial powers (as reflected in the unprecedentedly short G7-Communique yesterday) at the continued criminal intransigence of the leadership of the White House and the US Treasury, will take the form of a Heads State Meeting in Paris on Sunday 12th October.

http://www.worldreports.org/news/177germanfinanceministerambushedoversettlements

In one sentence, the stockmarket crash was triggered by Europe as an attempt to get billions owing them and and constantly blocked by Bush, Greenspan, Paulson et al for the past number of years.
Posted 11/10/08 at 8:26 PM EDT | Alert an Editor | Link to Comment



http://www.worldreports.org/news/177germanfinanceministerambushedover
"Just ask the former emlpoyees of NCP, Canfor Mackenzie, Stuart Lake Lumber, Winton Global. The one thing all these companies have in common, they are all owned presently by companies who are still in business maximizing there profits."

The other thing they have in common is that they are all part of a historically cyclical industry where ups and downs normally occur. It just so happens that there are other factors (external to the control of anyone in BC or Canada) going on right now that are making the normal down trends much much worse.

Face the emerging reality folks. It doesn't matter what the politicians say, what your employer tells you or what Uncle Bob who's worked in a mill for 25 years will tell you. For at least the next decade or two, you will be lucky to earn a good living in the forestry industry. Some folks will do it, but many who have relied on it in the past will not. The entire industry is changing and YESTERDAY was the time to adjust to that reality. If you haven't done so, you may yet get lucky and make it through in your current situation you may not.

At the end of the day though, the government isn't going to save you and joe average taxpayer will continue to be more concerned about their own life than yours. If you take a look at where most joe taxpayers reside, that will give you a hint as to where the government will focus their priorities. It's been like that forever and it's not going to change now. People need to step up and be responsible for themselves because nobody else is going to do it for you.
I cannot believe anybody still buys the NDP philosophy. Almost every supplier I had moved thier warehouses out of the province when the NDP were in power. Heck, even FINNING, a BC born and bred company moved thier head office to Edmonton to escape the NDP - that sure helps the workers hey? I guess we need to wait for tourism to pick up the slack - yawn
There is no doubt companies left the province under the NDP. However, the exodus of business did not stop since Mr Campbell took over. An example of this is when the billions of dollars were released by the US government after Mr Harper signed this softwood agreement, virtually none of this money that was made right here in BC was re-invested back into our province. Canfor alone recieved in excess of 700 million only to buy plants in SE Asia and the lower 48. NCP was another example of investment exodus, only the insurance policy stated re-build or re-invest in other facilities hence the little updates Canfor has done. I agree we need to do what we can to attract business to BC but not at any cost. We have the riches in this province it is time that BC makes the rules in which to play.
I've said this before, but contrary to popular opinion, BC does not have a monopoly on trees. We are competing globally -- forest companies and governments have to adjust for this.
We could eliminate stumpage in BC altogether, then we can insure we are competing globally. Mr Campbell is the right man for the job as he has no problem adjusting for this.
So, if B.C. liberals are our saviours, why didn't any big mines open during the high mineral prices, why didn't everyone move their headquarters here?
Now good old Pat Bell is saying we have new opportunities shipping raw logs, as Russia has put a huge tax on raw log exports, China needs wood for their sawmills. Forestry CEO's are telling us this is the new face of the lumber industry. Great plan boys, no more pulp mill chips, no more sawmills, and no more of all the spinoffs from these industries.
Why don't we settle this raw log B.S. once and for all. How about a province wide referendum asking the people of B.C. "DO YOU SUPPORT THE SHIPMENT OF RAW LOGS, FROM PUBLIC FORESTS, OUT OF PROVINCE?"
Let the people speak!
Smoke and mirrors.