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

Nelson and COVID-19: everything you need to know

Check this page for every local story related to the outbreak

West Kootenay couple escapes Spain – safe, sound, and in self-isolation

BC couple Garrett Kucher and Tory Apostoliuk make it home after almost a week of lockdown in Spain

Social media a blessing and a curse during time of crisis: B.C. communication expert

‘In moments of crisis, fear is very real and palpable,’ says SFU’s Peter Chow-White

Interior Health officials outline pandemic response in virtual town hall

Kelowna-Lake County MLA Norm Letnick moderates digital discussion, Q&A with Interior Health leadership

MP Morrison touts non-partisan effort to provide relief amid COVID-19 pandemic

The federal government has announced a slew of economic initiatives for those impacted by the pandemic

World COVID-19 morning update: Olympics delayed one year; 12,000 health care workers infected

Comprehensive world news update: Lockdown in UK showing signs of hope

Newspapers are safe to touch, World Health Organization confirms

Just make sure to wash your hands as you would after touching any surface or object

‘Nothing concrete’: Tenants, landlords lack details after B.C. unveils COVID-19 rental aid

Single mom in Golden says she’s already going to the food bank after being laid off

Canada will make sure masks sent by China meet quality standards: Trudeau

Chinese Embassy tweeted that China was sending 30,000 medical masks along with gowns, gloves and goggles

B.C. issues guidelines about distancing, reusable bags to grocery stores amid COVID-19

Hand sanitizer and markers to keep lines two metres are apart are needed, province says

No plans to call in military right now to enforce COVID-19 quarantine: Trudeau

Trudeau unveils $7.5M for Kids Help Phone, $9M for vulnerable seniors amid COVID-19

QUIZ: How much do you know about the Olympics?

Put your knowledge to the test with these 12 questions

B.C. announces $3M for food banks to increase capacity during COVID-19

It is not clear how much of the money will flow towards Greater Victoria food banks

Most Read