Business Council of
British Columbia
Provincial policy agenda · 2026–27

A game plan for a stronger B.C.

Policy
Playbook.

For Economic Prosperity
in British Columbia

Stronger investment. Higher incomes. Sustainable public services. Three goals and 25 practical recommendations for the province. The next move is ours.

BCBC’s provincial policy priorities for 2026–27 · 30-page PDF, opens in a new tab

The route to prosperity

Three goals · one stronger B.C.

We can’t control every challenge. We can choose our next play.

3 goals  /  25 recommendations

The challenge

Why B.C. needs a new game plan.

Slow growth. Fewer opportunities. Rising costs. B.C.’s economic challenges are putting pressure on households, businesses and the services we all rely on. New U.S. tariffs add to the urgency of fixing the barriers to growth that are within our control.

Growth is falling short.

0.9%

Projected economic growth in 2026

Growth is forecast to recover only to about 2% a year through 2030. Adjusted for population, B.C.’s economy was no bigger in 2025 than in 2022.

Private hiring has lost momentum.

3%

Private sector job growth, Jan. 2019–Aug. 2026

Public sector jobs grew fastest in Canada; private sector growth was third-weakest among provinces. Fewer private jobs mean fewer career opportunities and a smaller tax base for public services.

Affordability is under strain.

79%

Increase in monthly food bank visits, 2019–2025

For every 100 visits a month in 2019, there were 179 in 2025. A stronger economy is needed to support higher incomes and ease pressure on household budgets.

Debt is crowding out services.

$8.7B

Projected annual interest on provincial debt by 2028/29

Interest costs per British Columbian are on track to nearly triple. Every dollar spent on interest leaves less for health care, education and other services.

Sources: B.C. Ministry of Finance; Statistics Canada; Food Banks BC; BCBC calculations, as cited in the 2026–27 Policy Playbook. See “Why action is needed” in the report ↗

The way forward

Turn investment into
greater prosperity.

Stronger business investment connects these challenges to the solutions. Better equipment, technology and skills raise productivity, giving businesses room to pay higher wages and expanding the tax base for public services. The Playbook’s three goals set out practical changes to help that investment happen.

Explore the game plan

The game plan

Three goals. 25 practical plays.

B.C. has the resources, talent and access to markets to succeed. Select a goal to see its recommendations, each with a plain-language summary and a link to the full analysis in the Playbook.

Avoid tax hikes. Protect core services.

Stronger economic growth and greater discipline in how public money is spent can rebuild confidence and protect the services British Columbians rely on.

$13.8BRecord operating deficit forecast for 2026/27
  1. 1.1

    Set a fiscal anchor with a timetable to return to balance (e.g. cut the deficit in half in four years)

    Commit to a clear path back to a balanced budget — for example, halving the operating deficit within four years and eliminating it within eight — with progress reported publicly each year.

    Details, p. 7 ↗
  2. 1.2

    Review every provincial program for value

    Put every program through a six-question value test, modelled on the 1994–96 federal Program Review that helped balance Ottawa’s budget within three years. B.C.’s current review targets savings of less than 1%.

    Details, p. 7 ↗
  3. 1.3

    Direct unspent contingencies to reduce deficits and borrowing

    B.C. has set aside $5 billion a year for unexpected costs — more than ten times the 2010–2019 average. Whatever goes unused should cut the deficit and borrowing.

    Details, p. 8 ↗
  4. 1.4

    Get better care from every health dollar through a patient-centred vision and more efficient delivery

    Health care is about 41% of provincial spending. Cut clinicians’ paperwork, let pharmacists and other professionals do more, and shorten waits by sending patients to the next available specialist.

    Details, p. 8 ↗

A stronger economy starts
with the right plays.

Practical policies to give businesses and workers the confidence to invest, grow and build a better British Columbia.

Read the full Playbook