Highlights, winners and losers of Monday’s B.C. budget
VICTORIA — British Columbia’s minority NDP government has released an update of its budget before a full budget is tabled in February. Here are some highlights:
— Carbon tax rate increased by $5 a tonne on April 1, 2018, as climate action tax credit increased for low- and middle-class families but the carbon tax will no longer be revenue neutral.
— $208 million for construction of 1,700 affordable rental housing units.
— $291 million for construction of 2,000 modular housing units for the homeless, with $170 million over three years for round-the-clock staff and support services.