- James Moore, Minister of Industry and Minister Responsible for British Columbia, today delivered a keynote address to members of the Business Council of British Columbia on Economic Action Plan 2015 and what benefits it will bring to families and businesses across the province.
The Minister highlighted important measures that will support industries in British Columbia. Specifically, he outlined the impact that reducing the small business tax rate from 11 percent to 9 percent will have on B.C.'s local economy, helping local businesses grow and create jobs. He also discussed how the new 10-year capital cost allowance incentive will give businesses greater planning certainty for larger projects.
The Government has provided unprecedented support for public transit, including $416.7 million for the construction of the Evergreen Line in Metro Vancouver that will connect communities and provide more transportation options for families in the Lower Mainland. Economic Action Plan 2015 will build on the Government's record funding commitments by creating a new Public Transit Fund that will improve the mobility of goods and people and provide broad economic and social benefits to the province and Canada.... Read More