B.C. Liberals focus on tolls, tax credits in election platform - Action News
Home WebMail Friday, November 29, 2024, 09:18 PM | Calgary | -16.8°C | Regions Advertise Login | Our platform is in maintenance mode. Some URLs may not be available. |
British Columbia

B.C. Liberals focus on tolls, tax credits in election platform

B.C. Premier Christy Clark unveils the party's platform in Vancouver Monday.

Provincial election campaign officially kicks off Tuesday

Premier Christy Clark unveiled the party's platform Monday in Vancouver.

The B.C. Liberals have released the party's platform in advance ofTuesday'sofficial provincial election kick-off.

The party is estimating the new promises including putting a cap on the Port Mann and Golden Ears bridge tolls will cost an additional $157 million by 2019/20.

"The foundation of our plan is controlling government spending and cutting taxes for the middle class to create jobs and grow the economy," said Clarkin a letter to voters.

Senior tax credit and respite credit

The B.C. Liberals are also proposing an 'active senior' tax creditand a 'respite' tax credit.

The active senior tax credit will provide a credit for up to $500 ayear on things like gym memberships and yoga classes for British Columbians over the age of 65. The B.C. Liberals forecast this will cost $2.5 million a year.

The respite credit will allow British Columbians to receive a credit for hiring help up to$2,500 a year to give them a break from caring for elderly parents and loved ones with disabilities. The party forecasts the respite credit will cost about $5 million a year.

Ferries loyalty discount

The B.C. Liberals are also promising a loyalty discount program by 2020 for BC Ferries users. Until the program is up and running, the party is planning a new tax deduction for residents of ferry-dependent communities.

Those individuals will be able to deduct 25 per cent of the value of their ferry fares, up to a maximum amount of $1,000, from their net tax payable to the Province.

"Island and coastal residents make huge contributions to our province, and we're excited to make life a little easier for those who count on ferries to get around," said Stephen Roberts,BCLiberalcandidate in Saanich North and the Islands.

Tolls

Included in the platform is the party's promise to cap Metro Vancouver toll crossings at $500 per vehicle per year.

The party says the toll cap will cost an estimated $30 million in the 2018/19 fiscal year, and an additional $30 million after that. The platform only provides financial forecasts for a three year period.