Economic uncertainty from U.S. President Donald Trump’s proposed tariffs has left the B.C. government tightening its purse strings.
Finance Minister Brenda Bailey announced on Thursday that the government will pause the $1,000 rebate promised in the election in advance of the March 4 provincial budget.
Bailey said the impacts of the “reckless” and “destabilizing” tariffs are impossible to predict.
B.C. Premier David Eby announced the tax cut last year, which would have provided $1,000 for households and single parents and $500 for individuals.
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However, amid Trump’s continued economic threats, Bailey said they are pausing the rebate and initiating a hiring freeze for all positions in the BC Public Service.
However, internship programs supporting reconciliation, equity, diversity and inclusion (Indigenous Youth Internship Program, Work-Able, Co-op and Youth Employment programs) are exempt from this process.
“It has become clear the BC Public Service needs to take bolder action in response to ongoing fiscal constraints and the threat of U.S. tariffs,” the government stated on its website.
More to come.
