Local MP’s Express Budget Disappointment
Prince George, B.C.- The Trudeau government has tabled its first budget with a prediction of a $29.4 billion dollar deficit this year, another $29 billion in 2017. ( see previous story)
Reaction has been swift with Cariboo-Prince George MP Todd Doherty saying the spending plan has no clear plan to help unemployed Canadians get back to work.
“Canadians should be concerned that the Liberals are failing to do what is necessary to encourage the private sector to invest in our economy and create well-paying, high-quality jobs” says Doherty.
Prince George-Peace River- Northern Rockies MP Bob Zimmer expressed concerns about the budget eliminating the Children’s fitness and arts tax credits ” As a father of four children, I know how expensive extra-curricular activities can be, which is why I was so proud to support these tax credits during our time in government.”
Zimmer is also concerned the Liberal government has kept the Small Business Tax Credit at 10.5%, instead of lowering it to 9% as promised during the election.
To Zimmer, there was at least one bright spot in the spending plan, “I am pleased to see that key initiatives that are important to our region have remained, including the continuation of the Accelerated Capital Cost Allowance for Liquefied Natural Gas Facilities and the extension of the Mineral Exploration Tax Credit. The Accelerated Capital Cost Allowance in particular is something that I worked extremely hard on during the previous government and it is important to the future of the B.C. LNG industry that it continues.”
For MP Doherty, there is also uncertainty about when the Veteran’s Affairs office in Prince George will reopen. The budget says the Liberal government “proposes” to reopen the office here, but there are no details on when, or the costs associated with that promised re-opening.