BC Chamber of Commerce Statement | BC Prov. Budget 2023 Consultation

FINANCE & TAXATION

In response to the provincial government’s release of its Report on the Budget 2023 Consultation, Fiona Famulak, President and CEO of the BC Chamber of Commerce, released the following statement:

“We are pleased that some of the 216 recommendations in the Report on the Budget 2023 Consultation are aimed at addressing the challenges that small- and medium-sized businesses continue to face, including inflationary cost increases, rising interest rates, supply chain challenges, a shortage of skilled workers, affordable housing and daycare for staff, and an expansive public transportation infrastructure.

❝ And we need action. These challenges are real and, in many cases, years old. We therefore urge all levels of government to act now and work together with the private sector to find innovative solutions. Simply put, we need the political will to get things done, so that together we can build a better and stronger economy for the benefit of all British Columbians. ❞

FROM THE MINISTER OF FINANCE:

“Over the last two years, British Columbians have faced extraordinary challenges, from the ongoing health crises of the COVID-19 pandemic and poisoned drug supply to powerful climate disasters that saw communities devastated by wildfires, floods and mudslides. Government acted quickly to get people through the turmoil safely together and protect lives and livelihoods. We adapted quickly to the changing needs of people, businesses and communities by ensuring targeted supports were available to those who needed it most. We’re not through it yet, but we’re making progress together.”