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Tough sell for B.C. budget featuring tax hike, record deficit and construction delays

globalnews.ca

Wednesday, February 18, 2026

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Tough sell for B.C. budget featuring tax hike, record deficit and construction delays
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It raises the base income tax rate by 0.54 per cent — the first increase in 26 years — while the deficit is predicted to soar to a record $13.3 billion next fiscal year.

It raises the base income tax rate by 0.54 per cent — the first increase in 26 years — while the deficit is predicted to soar to a record $13.3 billion next fiscal year.

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