Speed Up Referendum on HST Says Chamber President
By 250 News
Tuesday, October 05, 2010 10:17 AM
Prince George, B.C. – When it comes to the referendum on the HST, P.G. Chamber of Commerce President Roy Spooner told the Select Standing Committee on Finance and Government Services to hold it sooner, rather than later. “If you can expedite it, expedite it.” Right now, the referendum on the HST is scheduled for next September.
Spooner was asked by the Committee if he had any information on how the HST had impacted Prince George businesses “I haven’t seen any fact based analysis about the impact of the HST, I suspect people are more disturbed by the process than the fact.” He told the Committee that if there is a way to push up the referendum than do it “Frankly I think it’s in the government’s best interests to do it sooner rather than later.”
Spooner also said this Chamber of Commerce has not followed the lead of other Chambers which oppose the HST “Some of the biggest beneficiaries are the biggest employers in the region. I don’t believe they will take those savings and put it into a private RRSP or take an extra trip to Mexico. They will invest it back into their businesses, that’s what business people do.”
When Initiatives Prince George President Tim McEwan had finished his presentation to the Committee this morning, he too was asked about the impact of the HST. McEwan told the group the HST is beneficial to exporters, “It is a real game changer for exporters, and makes us (B.C.) very tax competitive, we now have a terrific story to tell internationally.”
The Select Standing Committee is holding hearings throughout the province as the government sets to prepare its next budget.
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