Budget concerns chamber

The Kelowna Chamber of Commerce is pleased there were no surprises like last year’s speculation tax in Tuesday’s provincial budget – but it remains concerned about the bloated tax burden it says businesses are still carrying.

The Kelowna chamber held an analysis breakfast Wednesday at the Coast Capri Hotel for the local business community, outlining the highs and lows of the NDP’s second budget. The chamber also brought in a pair of Crowe Mackay accountants, Brian Sanders and Elvin Law, to dig deeper into the details.

“Some of the concerns that we had before are still relevant,” chamber executive director Dan Rogers said. “We’ve seen an increase over the last year of some significant taxes that are impacting businesses, so we’re flagging that as a concern going forward. There’s more spending that’s on the backs of businesses, and that threatens potentially to dampen our economic future.”

Overall, the chamber gave a B-minus grade to the budget, which focused heavily on child-care and housing needs. The chamber, though, doesn’t want those funds coming from big taxes on business.

For more on this story, visit Okanagan Edge.

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