NDP "plan" a multi-billion dollar crater for BC economy: Liberals

- Clark criticized the NDP's announced rental subsidy plan, saying it could line the pockets of wealthy tenants who may live in penthouses in downtown Vancouver.

He's also promising a two per cent speculation tax for properties owned by people who don't pay tax in B.C. "We're going focus on making sure our public education system is back at the top, not at the bottom where it is right now - and not because the court ordered us to do it".

He says the growing economy will generate $3-billion in new revenue for the provincial government, and he will cut some of what he calls "waste" in the Christy Clark government.

Lorraine Brett, who is running in New Westminster for the B. C. Liberals, said her party will continue to work with the mayors and support the 10 year plan. I'm committed to that, I'm committed to living within our means.

The NDP would begin increasing carbon tax on fuels starting in 2019, two years before Premier Christy Clark has said she would resume increases to keep pace with the federal government mandate for nation-wide carbon pricing.

She reiterated the Liberals' promise of cutting medical service premiums in half on January 1 and eventually eliminating it all together. "We wanted to launch the program and see how it goes", Horgan said. "We would look to them to bring up the wage in a manner that's consistent with the ability of small business to absorb it, and that actually reflects working conditions". Horgan also promised changes to the Residential Tenancy Act to stop landlords from using fixed-term leases to get around the provincial cap on annual rent increases.

How will Horgan pay for this?

"It's fully costed", NDP Leader John Horgan told supporters Thursday at a restaurant in Coquitlam.

"The consequences of this NDP billion-dollar crater are an automatic credit downgrade, higher debt, guaranteed deficits, and massive tax hikes on BC's middle class", said de Jong.

Meanwhile, the Liberals' Mike De Jong is accusing the NDP of planning "pledging a massive increase in spending".

The Greens have an even more ambitious child care plan, with daycare at no cost and expansion of kindergarten to include three- and four-year-olds.

De Jong says the NDP's plan "is not possible" unless one of two things happen: "an operating deficit, or massive tax increases", adding it's not sustainable and can not co-exist with a balanced budget.

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