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Federal pipeline tax breaks may shift costs to B.C. residents via reduced transfers or higher borrowing.
British Columbia residents may end up bearing the financial burden of federal pipeline tax incentives, as new federal tax breaks for major pipeline projects could lead to increased provincial costs, according to recent analysis. The federal government’s proposed incentives, intended to boost energy infrastructure, may shift fiscal responsibility to B.C. through reduced federal transfers or increased provincial borrowing, potentially affecting public services and taxes.
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