Finance Minister Hansen is dedicated to building a strong, internationally-competitive economic foundation in British Columbia, including supporting B.C.'s emergence as a top-tier centre of international commerce, expanding the Province's Asia-Pacific connections and fostering B.C.'s clean technology industry and green economy.

The government has cut provincial personal income taxes by an average of 37 per cent for most individuals, and more than 70 per cent for low income earners. Since 2001, an additional 325,000 British Columbians no longer pay provincial income tax.

B.C.'s current corporate tax rate is now among the lowest in North America. Additional planned corporate tax reductions will give B.C. the lowest corporate income tax rate among G7 nations. As well, the small business corporate income tax rate will be reduced to zero by April 1, 2012. These measures will continue to promote job growth, investment and increased prosperity throughout British Columbia.



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