NDP release costed platform with added spending, new taxes on wealthy<\/p>\n
Published 5:37 pm Wednesday, October 14, 2026<\/p>\n
The NDP released a fully costed party platform just hours ahead of a scheduled debate between party leaders on Wednesday.<\/p>\n
Costing estimates include added spending for projects and priorities and added taxes for the wealthiest 3.88 per cent of residents. This keeps the deficit on a similar track as the last provincial budget.<\/p>\n
The platform also relies on projected economic growth, the speculation and vacancy tax and a proposed unsold condo tax to fill coffers.<\/p>\n
The projected budget deficit would be $13.8 billion this year, $12.7 billion next and $11.7 billion the year after. This is down from the current projected $14.02 billion, $13.2 billion and $12.5 billion, but still a bit higher than what was forecast in the annual budget, released in February.<\/p>\n
Newly proposed spending includes $2.8 billion in additional capital expenditures over the next five years, mostly for health care and transit.<\/p>\n
It also includes a $50-million youth hiring tax credit, a $60-million manufacturing jobs fund, a $60-million forestry job protection fund, and a $62.5-million small business tariff relief fund, though most of those investments won\u2019t begin for a year or more.<\/p>\n
B.C. NDP Leader David Eby is set to square off in a televised debate at 6:15 p.m. on Wednesday against B.C. Green Party Leader Emily Lowan and B.C. Conservative Leader Lorne Doerkson.<\/p>\n","protected":false},"excerpt":{"rendered":"NDP release costed platform with added spending, new taxes on wealthy Published 5:37 pm Wednesday, October 14, 2026…\n","protected":false},"author":2,"featured_media":933891,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[194299],"tags":[903,49,48,87674],"class_list":["post-933890","post","type-post","status-publish","format-standard","has-post-thumbnail","category-surrey","tag-british-columbia","tag-ca","tag-canada","tag-surrey"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/933890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=933890"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/933890\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/933891"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=933890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=933890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=933890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}