Premier John Horgan shakes thirteen-month-old Caliah Kornneluk’s foot as her mom Jocye Yan looks on after the premier along with Minister of Finance, Carole James and Minister of Health, Adrian Dix held a news conference in downtown Vancouver, Thursday, December, 5, 2019. THE CANADIAN PRESS/Jonathan Hayward

B.C. NDP touts the end of MSP premiums

Horgan, James held news conference to reiterate that people will get their last bill this month

British Columbians will ring in the new year by joining all Canadians in not paying monthly rates for health care.

Premiums under the province’s Medical Services Plan will be eliminated starting Jan. 1, saving individuals up to $900 a year while families will pocket up to $1,800.

The Finance Ministry says ditching the “unfair” premiums will amount to a net tax cut of $800 million.

Finance Minister Carole James says the last such health-care tax in the country has been the most complex of any of the province’s programs to manage.

B.C. BUDGET 2018: Payroll tax replaces medical premiums

The change will come two years after premiums were halved and a year after B.C. introduced a payroll tax of 1.95 per cent for businesses with a payroll more than $1.5 million.

Companies with a payroll under $500,000 have been exempt from the tax, while those in between pay a reduced rate, though some business owners have complained it leads to losses when profit margins are already thin.

KEEP READING: Think B.C.’s employer health tax doesn’t affect you? Think again

The Canadian Press

Like us on Facebook and follow us on Twitter

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Former MP Wayne Stetski running for BC NDP in Kootenay East

Former federal MP Wayne Stetski is running as the BC NDP candidate… Continue reading

Unofficial holidays: Here’s what people are celebrating for the week of Sept. 27 to Oct. 3

World Farm Animals Day, Drink Beer Day and Virus Appreciation Day are all coming up this week

Two new COVID-19 cases reported in Interior Health

The total number of Interior Health cases since the beginning of the pandemic is now at 522

Local wakesurfers hit the podium, will compete at world championship

Local wakesurfers hit the podium during a national competition at Lake Okanagan… Continue reading

It happened in 1913

Sept. 20 - 26: Compiled by Dave Humphrey from the newspapers at the Cranbrook History Centre and Archives

QUIZ: Do you know what’s on TV?

Fall is normally the time when new television shows are released

White Rock’s namesake spray-painted with Black Lives Matter slogan

Vandalism occurred sometime between Friday and Saturday

B.C. VOTES 2020: B.C. Liberals vow to eliminate sales tax for a year

From 7% to zero, then back in at 3% to stimulate economy

The holiday everyone needs this year: Vote for your favourite in Fat Bear Week 2020

Voters will get to decide who gets to take home this year’s most coveted prize

Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

Canadian ski resorts wrestle with pandemic-vs.-profit dilemma as COVID-19 persists

Few are actually restricting the total number of skiers they allow on the hill

Victoria-area RCMP locate high-risk sex offender thanks to help of taxi cab driver

Scott Jones wanted on a Canada-wide warrant, ‘a risk to women and girls,’ police say

A (virtual) walk around the world by 88-year-old B.C. man

George Doi says it’s simple: ‘I like walking’

Most Read