B.C. Budget 2020: High-income earners, pop drinkers to pay more taxes
Vancouver Sun
The government will end a Provincial Sales Tax exemption on sugary drinks, such as pop, starting July 1. Adding the seven-per-cent PST to such beverages will generate more than $30 million annually. “I think it’s interesting if you take a look at the largest consumption of pop, sweetened drinks, it is 14 to 18 year olds,” said Finance Minister Carole James. “We want to make sure we’re doing our part to set them on the stage of having a healthy life ahead.” Read more.