Jul 13, 2011
Posted by Webmaster 1,397 views so far
Ex-Premier Vander Zalm says HST hurting despite government, business claims
VANCOUVER – British Columbia’s economy is hurting – losing jobs and falling behind other western provinces that do not have a Harmonized Sales Tax, says Fight HST.
Fight HST leader and former BC Premier Bill Vander Zalm said Wednesday the conclusions are obvious from Statistics Canada’s Labour Market Force Report – BC lost 9,400 jobs in June and almost all of them were full time.
Alberta, Saskatchewan and Manitoba all have had more jobs and lower unemployment rates than BC since the introduction of the HST, says Vander Zalm.
“The B.C. Liberal government keeps saying the HST is the best thing for our economy but the statistics clearly show the opposite is true – our nearest competitors in Alberta, Saskatchewan and Manitoba are all doing better and none of them have an HST,” Vander Zalm said.
“The government, big business and some economists keep saying the HST will create 24,400 jobs over 10 years and yet we lost a stunning 9,400 jobs in just one month – more than one-third of the total job growth they predict in a decade,” Vander Zalm said. “At this rate, the HST will devastate British Columbia’s economy and jobs in no time.”
Vander Zalm points out that BC’s June unemployment rate of 7.3% compares unfavourably to Alberta’s 5.6%, Saskatchewan’s 4.9% and Manitoba’s 5.5% rates.
“It seems that it doesn’t matter whether it’s right-wing governments in power in Alberta and Saskatchewan or a left-wing government in Manitoba or different economies – it’s the Harmonized Sales Tax that is the deciding factor in poor economic performance,” Vander Zalm said. “It’s also worth noting that all three western provincial governments have rejected the idea of introducing an HST – and wisely so, given BC’s substandard economic performance.”
Vander Zalm said British Columbians concerned about improving the economy and creating jobs should vote Yes to Extinguish the HST in the current binding provincial referendum, which ends August 5.
“The best way to get competitive again with other western provinces is to vote Yes to Extinguish the HST and get rid of this economically disastrous tax,” Vander Zalm said.
BC employment dropped from 2,278,100 in May 2011 to 2,267,800 in June 2011, according to Statistics Canada’s report. Full-time employment dropped from 1,763,000 to 1,751,200 while part-time employment increased slightly from 515,100 to 517,500.
Report is at:Share on Facebook
Tags: bc premier, bill vander zalm, british columbians, conclusions, economists, government business, harmonized sales tax, labour market, liberal government, manitoba, poor economic performance, provincial governments, sales tax, saskatchewan, statistics canada, substandard economic performance, unemployment rate, unemployment rates, vancouver british columbia, western provinces