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The Union of BC Municipalities Conference (UBCM) is taking place this week, where we will be meeting with Mayors and Councils from across the province to discuss important issues and topics relevant to you and your business.
We have reviewed the resolutions for this year’s conference, and want to share with you some of the topics that may have potential repercussions for small business. Whether these resolutions get put forward matters, as they have the ability to shape the future of British Columbia.
Family Day: All other provinces celebrate this holiday on the third Monday in February. However, BC does not. It is recommended that a public consolation be held to move family day to the same day.
Property Tax Transfer (PTT) for Homelessness and Affordable housing: Homelessness and housing affordability are well known issues in BC. The motion proposes that a defined portion of revenues from PTT go towards a reserve to help combat these issues.
Restoration of Land Value Tax: It is argued that land value taxes can be a mechanism which encourages people to improve their properties while discouraging people from holding vacant properties. This resolution proposes that municipalities be given the authority to introduce such a tax as they see fit.