Vaughn Palmer: Horgan oversells B.C. NDP's inflation relief
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Will tenants celebrate not being whacked as hard as they could have been under the NDP guidelines? Or, more likely, budget to put aside another $500 or so for rent next year.“It does have consequences, absolutely,” the premier told reporters Wednesday. “We’re monitoring that, and we’ll keep talking and seeing where we need to go in the months ahead.”
Interest rates, taxes, construction materials and insurance — to mention just four items — have all been increasing at a faster rate than two per cent. It provided child support payments on a sliding scale to almost 300,000 low to middle-income families.Horgan himself hailed the benefit fund as a key element in the NDP drive “to help families get ahead.”This for a program costing $400 million a year.Advertisement 6Perhaps the premier will have an easier time remembering the purpose of those millions now that the program has been renamed the B.C. Family Benefit.
Likewise with Horgan’s promise of a one-time increase in the climate action tax credit, payable in October.Again, less than half of the population, or 43 per cent, will get the entire one-time credit.Article content
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