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The Province forecasts a deficit of $968M in 2012-13, but plans to return to a balanced budget by 2013-14, as required by legislation. In order to do this, Budget 2012 contains a very conservative spending plan as well as some new tax measures and changes to corporate tax rates.
A summary of the tax highlights from the 2012 B.C. Budget is available here.
Related Topics:Budget Announcements
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