The Terrace Standard, Wednesday, September 8, 1993 - Page A7

. es BoM Sher 7. Established Program Financing. pe
1. B.C.'s real arowth forecast ishigher than.any other province st ~ Transfers (Federal Share of Costs)
SS — — ar = — have been unilaterally reduced from
1992 1993. "almost 50% down to the current 24%
3 with a further reduction to follow.

B.C. Taxpayers Pick Up The 7
Difference. = ota

an/89 0293
“Federal? rovinclat Relations & Retearch Branch, Apri 1992

| A I |
. PT ud 8, The Federal Governments share

“cane: totem Mee fit, On ok a cow of Canada Assistance Programsis [a=
down from 50% cost sharing to 29%. _|uox .
#2, B.C.’s 92/93 and 93/94 deficit-as a percent of gross domestic productis the — B.C. Residnets. Pick Up The [sos

lowest in Canada and comparable to that of major.B.C. corporations - : Difference. re lao
188286 ANTICIPATED DEFICITS 180914 DEFICITS 9. the Federal Goverment ha not | il
Dehdis as % ol GOP — _ — . reneged on these arrangements, On ne ‘aa sera 69/80 , “sans . ‘7708
— oo —— . B,C. would have a surplus of around OS ee
yo | $700 milion dollars, — row teem ot
saul - Within These Financial Constraints...
ett i 10. B.C. has” the second a
——" | lowest personal. income tax | | _
3. B.C.'s deficit overrun as a percent of | t= + | Paid per tami pT TE
ee spending is. the. lowest in | ee | ae eS Bs ™ PEL

5 EB a : i
At, OG. Qua Om Man WS PE NB. Hid Sash
Shgte Income Farnty of love velth on

‘ abs. —_—_—' I] }
EI er og nh ; : . - “ > — en sot if iis aon ie .
= P11. Retail sales taxés | in B c | saan 7
‘are the: second: lowest | |
Canada

“than it was. axing the ° beret retraint
J Petod o of the 80s |

amu

1
° Ala GC, Man. Gaak- PEI feb, Onl NT Qua Nid

Sra ere andy ea whan . #
LJ enmual heoma of

BRAS BT BLES ESOS ONT 87/08 B50 8970 GOTT Tt

42, Property taxes paid per [===

| pat he deficit is:being reduced: in a balanced way and our credit rating isthe -} family in B.C. are the third | =| _
| best inthe country = | | on om ae LER
BO.DEFICITPROGRESS = tt lowest in Canada’ ‘ 1
ACTUAL vs FORECAST DEFICIT Eo GAS Sia a nO oe! = vu ap
i Sous * pvonca ina ED or :
»_-Bitieh Columbia fat AM Mid, NB, BC, Ate PEL NS, Mon, Sask. Que, Ont
Abbeta hae, “AR *
Manitoba’... - .£ At" Ae: Beg Ancor tal of out wih on
New Brunewick Ale AS _ renter fe
Newhourdiand Baal* At ; :
Nova Scotia ao a ne -
Postma AF. amd | 13 Corporate income ‘tax [ afr —
oe oo TEES See imams = TL rates are comparable to 7 ,
i i 3 i | *Awaling 1908 ring oO an : .
Plea mL eo other provinces. a .
) -6.B.C’s growth in spending is now half of what it was the three years prior to | | oY ae ces : . : | :
~ 4992 and the percent change in real per capita spending is down by 5% to en ee af, PEL
1% taking into account inflation and population growth. . oe me eM I nm a
BRITISH COLUMBIAN * BRITISH. COLUMBIA tls
TOTAL EXPENDITURE _ REAL PER CAPITAE EXPENDITURE ' |g teteo y ee
heron eo Lae pecs B.C. are ‘the ‘second lowest. soa
° ‘in.Canada and B.C.'s total}
| tax per individual is also’ the -
qe: ! second lowest _
| ‘L _- a _ Se _ —- eked (alec slaoce : a Seogromelanalie no

| This has not been without difficulty and Together We re Getting BC. 's Finances In Shape!

‘ane| ‘ap | For further information call my Province Constituency Office
| sacrifices by British Columbians! A major TOC nn (604) 895-4148

| contractor to this difficulty is the federal Kitimat... (604) 632-4184
| 1 government and its Policy of offloading. | | Stanyowikitwangay/Gitwangak.....(604) 635-41 46°