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BC Liberals promises car share tax credit ahead of provincial election

Last Updated Apr 30, 2017 at 9:39 pm PDT

(Hana Mae Nassar)

VANCOUVER (NEWS 1130) – There could be more incentive to sign up for a car share service if the BC Liberals are re-elected.

The party is promising a tax credit to help out drivers, and says it will implement the credit as soon as possible if successful on May 9th.

Liberal candidate for Vancouver-Point Grey James Lombardi says people are looking for alternative ways to get around that are affordable.

“That’s why our platform includes a clear commitment to implement a new car sharing tax credit in budget 2018,” Lombardi says.

“We have fully costed this commitment at $1.5 Million annually.”

According to Lombardi, there are multiple benefits to car-share services, and creating a tax credit for users is going to make it even more accessible.

“Evo, Car2Go, Modo, they give people affordable options to get around and they’re also good for our environment. Many people in Vancouver Point Grey and across Metro Vancouver already use these services and this tax credit is going to help make it a little bit more affordable for everyone.”

As for how much each user will get, the party says there’s no set amount, and a person’s return will depend on their income.

The Liberal party says it will be working with tax and industry experts to look at the credit’s exact form if re-elected.