Loading articles...

Finance Minister not budging on plans to replace MSP with Employer Health Tax

Last Updated Mar 13, 2018 at 1:41 pm PDT

(iStock Photo)

VICTORIA (NEWS 1130) – Finance Minister Carole James is not backing away from plans to replace Medical Service premiums with the new Employer Health Tax.

During today’s Question Period at the BC Legislature, the Opposition again accused her of punishing non-profit organizations, hospitals and schools when changes take effect January 1st for any employer with a payroll higher than $500,000 a year.

“We will be having discussions as we are with school boards, as we are with health authorities, we will with post secondary institutions,” she says.

“I can tell you the students and other that attend those post secondary institutions are thrilled at seeing MSP eliminated.”

She and Premier John Horgan responded to claims the new speculation tax on real estate unfairly targets British Columbians with vacation homes, saying the focus remains on the owners of multiple investment-based properties.