BC NDP releases high tax budget with record-breaking $13.3B deficit
British Columbia’s NDP government released its Budget 2026, which projects a $13.3 billion deficit for the 2026-27 fiscal year.
British Columbia’s NDP government released its Budget 2026, which projects a $13.3 billion deficit for the 2026-27 fiscal year, includes over $4 billion in new spending this year, and hikes taxes for the lowest bracket of income earners.
Premier David Eby’s government is projecting deficits of $13.3 billion for 2026-27 (or 38 per cent), $12.2 billion for 2027-28, and $11.4 billion for 2028-29 over the next three fiscal years.
