Tanette Pantry, CA, likes to golf a...

Tanette Pantry, CA, likes to golf and ski and she's generally moving house to be closer to the beach at Tsawwassen. After seven years in British Columbia, the Ontario native isn't about to bail on the outside because of high taxes and diminished disposable income.

But Pantry, 29 says many of her contemporaries are moving to Alberta, especially Calgary, where incomes are up and taxes are down. "They are at the stage where they are just starting a family, or they want to bribe their first house, and it is just not going to happen for them in BC" she says. "It is just too expensive here."

Government income per family is up by dint of almost exactly the same number that family incomes are down, says Pantry, who works for Sheinin & Co in Vancouver.

At the same time, a string of provincial restraint deficits has increased taxpayer-supported liability in ten

years from $10 billion to almost $25 billion.

"The province's total interest splendors are now budgeted at approximately $28 billion a year, in such a manner we are spending about half as to a great degree on interest payments as we are in succession education," Pantry says. "The [BC Check-Up] investigation makes it dear that higher tax horizontals don't translate into higher living standards. coin going to service debt doesn't provide a doctor for you when you are sick, or a better teacher for your kids. Taxes still have to ensue down significantly to make BC competitive and to improve our over-all quality of life.'

Pantry says she would consider moving to Alberta on the other hand her husband, Paul Wiebe, a corporate finance specialist in a small brokerage firm, has potent family ties to the Vancouver area. CA

Copyright Institute of Chartered Accountants of British Columbia Nov 2000

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