Nothing like the view from the ground. Clockbike posted this roundup of what’s happening just north of Vancouver:
Squamish resident here. I would like to tell you all a spooky story, grab your marshmallows and gather round, I’ll point my bear flashlight up at my face to create dramatic effect. I call this story: “The Haunted Sales Centers.”
It is ~2005, in a rainy windy city, upon the water. There lied the Squamish Oceanfront Development. A plan to create a residential neighborhood with marina, small industrial jobs love and flowers. Fast forward to today: the district is now $6.57 Million in debt. Source PDF.
Surely we have accomplished something magnificent for our downtown core, this is a story of the results of 7 years of hard work.
The new BC budget is all about austerity, cutting back and living within our means to bring down the debt. With that in mind anyone buying a new home gets a new $10,000 tax credit.
In his budget, Mr. Falcon pledges to sell off public assets, to raise medical service premiums and tobacco taxes, to cancel a promised small business tax cut. Mr. Falcon also is promising to hike the general corporate tax in two years, if the fiscal picture doesn’t brighten.
Mr. Falcon’s $44-billion budget on Tuesday offers several tax measures benefiting seniors and young families but the impact will be slight.
The province is introducing several new tax credits including a grant of up to $10,000 on newly-constructed homes for first-time homebuyers. Seniors will be able to claim up to $1,000 for eligible home renovations. And families will be able to collect up to $50 for each child for fitness and art programs.