On Tuesday February 28, 2023, B.C. Finance Minister Katrine Conroy, released Budget 2023: Stronger Together Strategic Plan. Premier David Eby will invest over $4 billion over the next fiscal year to expand health and mental-health services, create more affordable housing, and focus on growing a clean economy. The 2023 budget outlines the province’s plans to address affordability concerns and the possibility of an economic downturn worldwide, particularly addressing British Columbians most impacted by global inflation.
Below is a brief summary of the announcements relating to the provincial sales tax.