BC Campaign Trail: Conservatives Promise $1,000 Tax Cut by Boosting Exemption Level

Taxation is back at the forefront of the British Columbia election campaign. Here are some of the latest developments from the campaign trail on Thursday. B.C. Conservatives Offer Over $1,000 Tax Cut Interim leader of the B.C. Conservatives Lorne Doerkson says he would cut provincial taxes by $1,000 for nearly every working British Columbian amid a “cost-of-living crisis.” The Conservatives plan to raise the basic personal income tax exemption level in B.C. from $13,216 to $32,000, making it “the most generous in Canada.” They say a typical two-income family would benefit by about $2,000 a year, or $167 a month. Doerkson has already pledged no new taxes under a Conservative government, at a time when the province is facing a projected deficit under the NDP of $13.8 billion.