B.C. NDP promised Family Grant | General financial discussion | Discussion forum

There's not going to be any details like that because the $1,000 grant is just a campaign promise right now. No legislation has even been introduced as the new BC government has not been sworn in yet.

All there is this right now is this campaign promise from the NDP election platform that the media has been repeating over and over:

A RECOVERY BENEFIT FOR BRITISH COLUMBIANS

We’re helping ease the financial impact of COVID-19 for people in British Columbia who have been hit the hardest.

The pandemic has caused so much pain and hardship for so many people in British Columbia. In a province with a good economy, we’re fortunate that so many have been able to navigate their way through the financial impacts. But for others, the financial stress is felt every day.

The BC Liberals’ answer is to provide tax cuts – but those are proven to help people at the top while making everyone else pay for them through cuts to public services. And those public services are needed now more than ever.

Instead, many of the actions the John Horgan government has taken in our Restart and Economic Recovery plans are helping people find the training and job opportunities to get back on a better financial footing. And to help provide more immediate relief, we will provide:

• A one-time $1,000 direct deposit to families whose household income is under $125,000 annually – with a sliding scale up to $175,000.
• A one-time $500 direct deposit to single people earning less than $62,000 annually – with a sliding scale up to $87,000.

mmlt said
I have no problem with giving money to those struggling. Families earning 125K a year should not be hurting.
This was shameless vote buying. Had he promised money to those who really need it would have been fine.  

Like AltaRed said....based on 2019 income. Just because the family made $125K in the tax year BEFORE the pandemic, doesn't mean they will this year. Kind of nice to see a tax break for the masses instead of the trickle down from the massive tax breaks corporations get consistently.

Bah, I don't get anything once more 🙁 I've not received a penny of from the federal COVID-19 benefits either.

No worries for the 99%, mmlt, it'll be tax the rich plus print and borrow. Otherwise we turf them for someone who will.

Koogie said

Print and borrow ≠ No worries for the 99%.

Print and borrow will directly affect the 99%. Whether or not they realize it until to late is another question altogether. I guess when the price of most consumer goods starts to rise and they can't afford to go to Florida...  

Not only that, the more you tax the rich elite, the more they will pick up their wealth and leave. Then we get no tax revenue, lost jobs and an even worse situation.

rqs said
Notwithstanding all that …..

Here are the rules...
https://www2.gov.bc.ca/gov/content/economic-recovery/recovery-benefit  

Although I live in Ontario I am sure lots of people will welcome the benefit. We have to live by the rules.

I agree it will be 'unfairly' applied because of the use of 2019 tax data, but there is no way to use 2020 data until at least June 2021. Just another one of those costly and dumb election promises.