BC Throne Speech Focuses on Strong Economy

Wednesday's Throne Speech, marking the opening of the 40th Legislative Assembly, focused on creating the conditions for growing, and protecting, a strong provincial economy. 

Delivered by Lieutenant-Governor Judith Guichon, the Speech highlighted the opportunities around the development of the natural gas industry, the creation of the new Ministry of Natural Gas Development, and the potential to use revenues to create a debt-free British Columbia. The Speech also outlined the need to accelerate the Jobs BC Plan, grow the clean energy sector through continued development of Site C, and create a 10 year skills development plan. 

To further support the economic agenda, the Throne Speech identified the need to secure non-treaty economic benefit agreements and long-term treaties, and to undertake a core review of all government ministries. 

The Speech also contained both pre-election promises and Budget 2013 commitments, including a five year freeze on personal income taxes, five year freeze on the provincial carbon tax, an early childhood education grant contribution to RESPs, and four years of balanced budgets.

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