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Speech from the throne promises to address cost of living

The cost of living was a good part of the speech from the throne.
Premier Christy Clark says there is no single solution to soaring house prices in some cities in the province and it will take the combined efforts of the provincial and municipal governments to cool down the market.

She committed the government to introducing measures that encourage an increase in the supply of housing and to work with municipalities to reduce local charges that are largely hidden but add to the costs of homes.

But the cost of housing is only one part of the rising cost of living, food prices were also in the throne speech and the government is looking to offer farmers tax credits to donate their food to non-profit organizations.

Clark says the government will push ahead with its plan to develop an export industry for liquefied natural gas despite slow downs due to global conditions.

Opposition NDP Leader John Horgan says Clark’s LNG promises of jobs and riches for the province appear to be falling flat.

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The provincial budget is expected to come down next Tuesday.

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