Employees Investment Act Promotes Worker Ownership in BC
Premier highlights provincial Employees Investment Act enabling Employment Share Ownership Plans and Employee Venture Capital Corporations. Key details include 20 percent provincial tax credits up to 2000 yearly, lifetime 10000, startup cost support up to 5000 per employee group, and eligibility rules for ESPO and EVCC programs aimed at BC business diversification and worker involvement.
MENTIONED IN THIS ARTICLE
British Columbia
EVCC
Politics: The Province by the Pacific continues saga
Reader letter questions the BC political landscape asking if Vander Zalm remains socialist at heart or a liberal chameleon, whether Harcourt replaces him as premier, and how NDP youth candidates will fare. The piece signals ongoing fictional political drama and reader engagement with provincial party dynamics.
MENTIONED IN THIS ARTICLE
Vander Zalm
NDP
Harcourt
Liberals
The
Pacific
Priest gets two year sentence for sexual assaults
A 59 year old Roman Catholic priest who pled guilty to sexually assaulting boys over 25 years was sentenced to two years in jail. The judge noted the historical harm from residential schools while criticizing Crown proposals for a longer sentence. He suggested the policy of removing Indian children for church schooling helped destroy Indian social fabric. The piece links to daylight running lights as a separate safety note with potential reductions in fatalities.
MENTIONED IN THIS ARTICLE
Crowns
Taxation of Status Indians circular update
The circular announces a change to the Status Indian tax exemption for vehicles. After a BC Court of Appeal ruling on March 23, 1989, amendments 2(4.2) and 2.1(3.1) are inoperative, allowing purchases or leases by Status Indians or Bands tax exempt if the vehicle is on reserve at sale or FOB point is on the reserve. A dealer must still retain a Certification of Exemption for non collection when the vehicle is later licensed for highway use.
MENTIONED IN THIS ARTICLE
British Columbia Court of Appeal
Canada
Setting the record straight on Little Prairie post offices
Jean Nicholson Quinn writes to correct a caption claiming the New Blue Sky building housed the first Little Prairie post office. She recalls her parents Florence Nicholson and others operating earlier P O facilities, with Pete Widmark and later W W Campbell and Earnie Pfanner involved. The editor apologizes, noting a court decision affects tax imposition.
MENTIONED IN THIS ARTICLE
Little Prairie
P.O
Florence Nicholson
W.W. Campbell
Earnie Pfanner
Blue Sky
Pete Widmark
BC update shows BC economy rises with strong retail sales
British Columbia reports continued growth in early 1989 with new sales at 394 million in Q1 up 4.5 percent from 1988 and March retail sales exceeding 1.6 billion, up 8.3 percent. Toyota Richmond doubles aluminum wheel output to 480,000 annually, plus 130 workers. Mali Energy Ltd expands rechargeable lithium battery production with a 4.2 million loan toward 14.2 million project. Energy revenue from oil and gas rights reaches 44 million in five months. Chia t Indian band to receive 3.8 million and 588 acres in Bamfield settlement. federal provincial funds support farmer business training at 1.3 million. Westwood Plateau sale yields 63 million to crown land, 12 million for social housing. Education funding 3 million to expand teacher training to 1,800 annually. West Kootenay Power energy sales rise 8.5 percent to 2 230 gigawatt hours in 1988. BC Transit to spend 6.7 million on Vancouver region radio system.
MENTIONED IN THIS ARTICLE
British Columbia
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Onie
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