Report C: THREE-YEAR ECONOMIC PLAN UPDATE

TABLE C1
TAX AND RESOURCE REVENUE REDUCTIONS ($ millions)


1996 and
1997
Budgets*

1998
Budget*

1999
Budget*

Total
Annual
Savings*


Families and Individuals 282 245 10 537
Small Business 30 71 63 164
High Tech and Tourism 1 22 23
Resources & Agriculture 19 21 40
Film 39 39
Forestry 200 5 205
Total 313 596 99 1,008
Provincial Personal Income Tax Reductions due to Federal Measures 55 60 120 235
Total 368 656 219 1,243
 
* The estimates in each column represent the total value of the tax cuts announced in these budgets when they are fully implemented. The right hand column represents the total annual value of all tax cuts in 2001/02.

 

back to Report C: THREE-YEAR ECONOMIC PLAN UPDATE

Copyright 1999: Queen’s Printer, Victoria, British Columbia, Canada