More Mixed Reaction to Provincial Budget
By 250 News
Wednesday, September 02, 2009 03:58 AM
Prince George, B.C.- There is more reaction to the provincial budget update. The Association for Mineral Exploration BC says the budget is realistic and appropriate for the times.
"We believe the provincial government and this budget are on the right track-these times call for tough and realistic measures. With members in the commodity sector we know, perhaps more than most, how volatile the economy has been this past year. No one could have predicted some of the price changes in commodities we have seen in the past twelve months," said Gavin C. Dirom, President & CEO, Association for Mineral Exploration British Columbia (AME BC).
Despite the concerns of some, AME BC generally supports the harmonized sales tax (HST) and its implementation saying it will make B.C. more competitive.
"Governments can stimulate an economy in three ways: through tax cuts, increased spending, or streamlining regulation to allow business to create growth. Of these, streamlining of processes and smart regulation have the least impact on the bottom line. Therefore, we encourage government, as part of its review of expenditures, to consider refocusing on reducing red tape for the natural resources sector."
Despite the concerns of some, AME BC generally supports the harmonized sales tax (HST) and its implementation saying it will make B.C. more competitive.
"Governments can stimulate an economy in three ways: through tax cuts, increased spending, or streamlining regulation to allow business to create growth. Of these, streamlining of processes and smart regulation have the least impact on the bottom line. Therefore, we encourage government, as part of its review of expenditures, to consider refocusing on reducing red tape for the natural resources sector."
There are 20 mining projects in the permitting phase, the Mount Milligan project alone could produce $1.4 billion dollars in revenue for the Province during the lifetime of the mine.
But the B.C. Health Coalition is not so convinced the Colin Hansen budget was the right way to go. The Coalition says it is concerned the budget announcements will hurt BC patients and families and will lead to increased long term health care costs.
“This budget fails to protect against the degradation of patient care. Now is the time to make the kinds of investment in our public health care system that will cost us less in the long run by improving the lives and health of British Columbians,” said Rachel Tutte, co-Chair of the BC Health Coalition.
"The majority of British Columbians expect the government to be making strategic investments in the kind of public innovations in health care and other public services that will generate economic growth and help B.C. families weather the recession. Instead, this government is moving in the opposite direction," said Tutte.
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Clearly this is evidence if there ever was that our political system is thoroughly corrupt. Budgets that are off by $2.3 billion in only four months should not be acceptable... an HST agenda that was clearly in play at the time of the election and has a huge impact on BC's sovereignty sprung on the people of BC 3-months after the election should not be acceptable. Clearly our democracy does not work and is thoroughly corrupted. Recall is in order I would think, but who has the time to organize that?
We don't have a democracy... we have a corpocracy. We have a government by and for purely a corporate agenda at the expense of the middle class and small enterprise business. We have a system funded and controlled by corporate interests and a political class that caters to that for the greed of power. The liberals have made a sham of democracy for worse than the Glen Clark so-called 'fudget budget' election budget miss of $400 million that cost the ndp power on a similar time line but only a sixth of the misrepresentation (the power difference in propaganda I guess).
BC needs a free enterprise party that represents the broad middle class and small enterprise business in the pursuit of equal opportunity and a government centered on its people, rather than the foreign shareholder interests of foreign multinationals.
IMHO