British Columbia government raises carbon tax, corporate tax rate

11 September 2017 – British Columbia’s New Democratic government said it would increase the Western Canadian province’s carbon tax rate by C$5 per tonne from 1 April 2018, and also raised the provincial corporate tax rate and taxes on higher earners. NDP Finance Minister Carole James forecast a budget surplus of C$246 million (US$203.27 million) for the 2017-2018 fiscal year, and surpluses until at least 2020. Read the full article on the Reuters website.