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    Citizens for a Better Vancouver

Low-income families squeezed from both ends - The very people Horgan claims to be helping!

Low-income families squeezed from both ends

Low-income individuals and families facing high METRs would benefit from:

lower claw-back rates on their income-tested transfers;

higher-income thresholds before they face reductions;

an increase in the basic exemption amount on earned income,

lower statutory tax rates on employment income they earn.

All these would push down those peak METR rates.

 

http://www.asianpacificpost.com/article/8648-low-income-families-squeezed-both-ends.html

The Royal Bank of Canada quietly reported this month that housing costs in Metro Vancouver have reached “the worst affordability levels ever recorded anywhere in Canada.”

Vancouver city workers accrued more than $15 million in overtime last year