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Kelowna  

New 'burden' on biz

Business owners are concerned they’re being forced to bear the brunt of the provincial government’s plan to eliminate individual Medical Services Plan premiums.

The NDP’s provincial budget, released Tuesday, includes a promise to eliminate MSP premiums by 2020 and pay for the lost revenue with a new health tax on employers.

The tax is designed to target large businesses, but local business leaders say it will likely end up affecting many smaller operations as well.

The Kelowna Chamber of Commerce says the new tax, combined with several other initiatives, has created a "burden" on the local business community.

“It leads, frankly, to an accumulated impact that’s a tougher environment for business, and it has the potential to impact business growth and our prosperity,” executive director Dan Rogers said.

For more on how the tax might impact local business, check out the full story on Castanet's sister business news website Okanagan Edge.



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