KELOWNA, British Columbia — The Okanagan’s limited supply of private campgrounds could further shrink as a result of a federal tax change.
Owners say the viability of their businesses is threatened by the prospect of a federal tax hike on their income from 15 to 50 per cent.
Seasonally run campgrounds, most of which are family-run, couldn’t absorb the big tax jump and might have to close, owners say.
“This kind of big tax jump certainly would impact us, and probably decimate the whole industry,” Max Picton of Barefoot Beach Resort in Penticton said Tuesday.
Read the full story by The Daily Courier.