2014 B.C. Budget Released
British Columbia’s Minister of Finance, the Honourable Michael de Jong, presented the B.C. government’s 2014 Budget today in the provincial legislature. Among other tax measures, the Budget announced the government’s intention to levy a new income tax on liquefaction at liquid natural gas (LNG) facilities; draft legislation implementing the new tax is expected to be released in Fall 2014. More information on the Budget can be found on the B.C. government’s 2014 Budget website: http://www.bcbudget.gov.bc.ca/2014/default.htm