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Highlights of the BC Budget 2017 for the BC Tech Industry
Wednesday, February 22, 2017
Vancouver, BC, February 22, 2017--(T-Net)--The BC Government reported that it has released a fifth consecutive balanced budget yesterday and citing a strong and diversified economy and prudent fiscal management.
The budget has promised approximately $87 million in new funding to promote its "expanded BC tech strategy" (see breakdown in screenshots below); which will reportedly will be spent over three years in some of the following areas:
There is also a reduction in the small business corporate income tax rate reduced 0.5% (from 2.5% to 2.0%) not related to the above spending commitments.
The "expanded BC Tech strategy" to be expanded upon later this year.
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The full 149 page BC Budget 2017 is available online here.
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