September 3, 2024, Vancouver, BC - John Rustad, Leader of the Conservative Party of British Columbia and John Coupar, candidate for Vancouver-Little Mountain are pledging to bring relief to businesses impacted by the construction of Vancouver’s Broadway Subway Line.
“For four years, businesses along Broadway have been dealing with construction that has impacted their bottom line,” said Coupar. “The NDP have ignored this issue for too long. After several delays and no completion date for three years, it is time to bring relief to these businesses.”
To bring relief a BC Conservative government will provide a tax break for businesses on Broadway who are experiencing a decline in sales due to the subway construction. Businesses located on Broadway avenue between Commercial Drive and Arbutus Street will be eligible for a 15% tax reduction until the completion of the Broadway subway extension–currently set to open in 2027.
“Building transit is important, but our small and medium-sized businesses shouldn’t have to suffer to get that done,” says Rustad. “By the time this project is done, these businesses will have had seven years of deceased sales due to this construction. David Eby and the radical NDP may think it is ok to ask them to suck that up, but I sure don’t. We are going to bring them relief now when they need it most.”
Since construction began, many businesses have experienced significant declines in sales, with many having to move locations in hopes of staying afloat.
“Customers have had difficulty getting to businesses along Broadway due to the construction and that isn’t going to end anytime soon. Some businesses have seen half their normal customer volume and it is just too much for them ,” says Neil Wyles, head of the Mount Pleasant Business Improvement Area. “This relief from John Rustad and the Conservative Party of British Columbia will give these business the real tax relief they need to hold on until
the subway extension is complete.
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For more information, please contact [email protected].
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