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British Columbia leaders offer competing economic ideas in front of business leaders
The three leaders outlined competing plans on taxes, permitting and industrial policy as business groups warned about the province’s economic direction and deficit.
On Tuesday, NDP Leader David Eby, Conservative interim leader Lorne Doerkson, and Green Leader Emily Lowan pitched economic strategies to the Greater Vancouver Board ahead of the Oct. 24 election.
Survey data from the Greater Vancouver Board revealed that 78 per cent of members believe the provincial economy is heading in the wrong direction, with 74 per cent concerned about the $13.8 billion deficit.
Eby promised a new shipyard and a $60 million manufacturing jobs fund, while Doerkson proposed tax cuts and a 120-day approval process for projects worth more than $250 million.
Regarding fiscal stability, Eby warned that a change in government could cast doubt on projects worth $130 billion, stating British Columbia "cannot afford chaos." Doerkson countered that Conservatives would act as an "ally in Victoria."
Green Leader Emily Lowan proposed an industrial strategy funded by a wealth tax to lessen dependence on natural resources, as candidates prepare for a televised leaders' debate scheduled for Wednesday.