Kamloops Chamber Responds to HST Referendum Results
Posted August 26, 2011
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August 26, 2011
Kamloops Chamber responds to HST referendum results
Kamloops Chamber of Commerce today released their response to the province’s HST referendum results.
“The Kamloops Chamber is disappointed with today’s referendum results,” stated Chamber President Peter Aylen. “While some sectors will be happy with a return to the PST/GST system, we have been hearing from our members that the HST reporting system was less complex and time consuming. We also know that the province would have been more competitive with other jurisdictions under the HST system.”
“The provincial government will now be reviewing their options on how they will repay the $1.6 billion deficit to the federal government,” continued Aylen. “The Kamloops Chamber understands that we are on the precipice of a possible global recession and encourages the government to be prepared with policy decisions that put BC jobs and businesses on a solid footing in order to compete.”
The BC business community will come forward to government with options on how to transition to the PST/GST as well as explore opportunities for a new consumption tax model.
Media Contact:
Peter Aylen, President
250.319.3818
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