B.C. government to scrap planned 4% MSP increase - News Summed Up

B.C. government to scrap planned 4% MSP increase


The provincial government won't be increasing MSP premiums by 4 per cent next year as it originally announced. Finance Minister Mike de Jong is expected to make the announcement at the province's quarterly financial update on Thursday morning. The province says a stronger fiscal quarter has given it room to cancel the increase, which would have brought in more than $100 million. In February's provincial budget, De Jong announced changes to the system, effective for next year, which would have increased the base rate from $75 to $78 a month. Those announced changes will stay in effect.


Source: CBC News September 15, 2016 04:07 UTC



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