B.C. Businesses Call for Bold Economic Action in 2026 Budget

British Columbia’s business community is urging Premier David Eby to put economic growth at the forefront of next year’s provincial budget.

In an open letter, the B.C. Chamber of Commerce outlined three main priorities: reducing or eliminating the provincial sales tax (PST) on capital projects, continuing to dismantle interprovincial trade barriers, and taking concrete actions to “kick-start the economic engine” of the province.

Alex McMillan, interim CEO of the Chamber, said the government should also provide a clear plan to reduce B.C.’s $11 billion deficit, stressing that fiscal responsibility is essential for long-term growth.

“We see Budget 2026 as a chance to rebuild business confidence and make B.C. more attractive for private sector investment,” McMillan said. “Momentum from recent initiatives—like accelerating major capital projects and developing the Look West strategy—should continue, with tangible actions that drive economic development.”

The Chamber emphasized that strategic investment, trade reforms, and tax adjustments could position British Columbia as a leading hub for business across Canada. McMillan concluded, “It’s time for decisive steps that create jobs, boost investment, and strengthen our economy for the future.”