VANCOUVER — Here are some highlights of the B.C. Liberal party platform released Tuesday:
— The seven-per-cent PST would be eliminated for one year, which would cost about $6.9 billion; the tax rate would then be set at three per cent “as the economy grows.”
— The Small Business Income Tax would be scrapped, which would save businesses about $217 million a year.
— All provincial taxes would be reviewed by an independent Fair Tax Commission.
— Child care for low-income earners would be set at a rate of $10 a day with additional subsidies provided for middle-class families, while also adding 10,000 new child-care spaces.
— An additional $1 billion would be spent over five years on new long-term care facilities.
— Every senior citizen living in long-term care who wants a private room would be ensured that they have one.
— Legislation to ban early elections during provincial emergencies would be brought in.
— A system of hybrid and online learning would be set up for children.
— Permit processes used for natural resource projects and new housing construction would be streamlined.
— A new tax credit for seniors of up to $7,000 a year would be created to cover home care, costing about $135 million.
— Drivers would be allowed to buy auto insurance more widely and not just from the Crown-owned Insurance Corp. of British Columbia.
— An additional $58 million a year would be spent on police, the Crown prosecution service and to cover the cost of more psychiatric social workers and nurses to improve public safety.
— Spending on infrastructure would be increased by $8 billion over three years, which the party says represents a 35 per cent jump in spending and would bring the total spent on everything from transportation to hospitals to $30.9 billion over three years.
— The Liberals say their platform adds about $2 billion in new operating expenditures for the province, with $1.1 billion of that going to cover the cost of its child-care promises.
This report by The Canadian Press was first published Oct. 13, 2020.
The Canadian Press