Tag Archive: B.C. Liberals under fire for little-known program that gives tax breaks to wealthy foreign companies


on May 4, 2017 in World News

B.C. Liberals under fire for little-known program that gives tax breaks to wealthy foreign companies

Joanne Lee-Young  More from Joanne Lee-Young  Sam CooperMore from Sam Cooper B.C. Liberal party Leader Christy Clark has defended a little-known provincial tax rebate program that was expanded in 2014 to attract international banks and investment firms to Vancouver and is possibly linked to greater amounts of overseas cash coming into the local real estate market. “We want to re-establish British Columbia as a location for head offices around the world, and I think reaching out to Asia and getting those head offices here is a good way to do that,” said Clark on Wednesday, downplaying a New York...

Joanne Lee-Young  More from Joanne Lee-Young  Sam CooperMore from Sam Cooper B.C. Liberal party Leader Christy Clark has defended a little-known provincial tax rebate program that was expanded in 2014 to attract international banks and investment firms to Vancouver...

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