CPABC: B.C.’S BUDGET 2026 FEATURES A WIDENING DEFICIT, PRIORITIZES CORE SERVICES

BC budget posts record $13.3B deficit as debt climbs and taxes rise — Coastal Front

(Image courtesy CBC.) BC’s 2026 budget opens with a record $13.3 billion deficit and no path to balance laid out in the fiscal plan, as the provincial government moves ahead with tax increases and spending restraint measures it says are needed to safeguard core services.The fiscal plan projects the $13.3 billion shortfall for 2026-27, followed by deficits of $12.2 billion in 2027-28 and $11.4 billion in 2028-29. While the government forecasts th…

CPABC: B.C.’S BUDGET 2026 FEATURES A WIDENING DEFICIT, PRIORITIZES CORE SERVICES

Lori Mathison, President & CEO, CPABC BRITISH COLUMBIA – Against the backdrop of ongoing economic uncertainty and a volatile international trade environment, Budget 2026 maintains a strong focus on essential public services, while also introducing measures intended to draw further capital investment to the province and support economic growth. At the same time, the scale of the tax increases and an expanding deficit present both immediate and lo…