Taxes

BC’s tax system has become fairer since 2017, richest 1% paying more

Jul 23, 2024

Since 2017, the vast majority of BC households are paying a smaller share of their income in provincial taxes, while the top 1% is paying more…. View Article

Bolder moves needed for taxing the rich

May 1, 2024

By Marc Lee and DT Cochrane

Even with the 2024 change, the income from buying and selling assets will be taxed less than from working. … View Article

Affordability crisis will persist until we get a handle on runaway housing costs

Nov 15, 2023

By Iglika Ivanova and Alex Hemingway

Although inflation has come down from the historic highs recorded in 2022, the cost of living in Metro Vancouver continues to increase rapidly. It now takes an hourly wage of $25.68 in Metro Vancouver for two parents each working full-time to support a family of four. This is the 2023 living wage for Metro Vancouver,… View Article

Reality check: BC government can afford to make more investments in urgent social and environmental priorities

Oct 31, 2023

By Alex Hemingway

Provincial government spending as a share of GDP still hasn’t recovered after decades-old social spending cuts under the previous government despite growing need for public investment…. View Article

Taxing land wealth for the public good: provincial policy options

Aug 30, 2023

By Alex Hemingway

Property wealth has become a massive source of inequality in BC as home prices and rents have risen dramatically amid a severe housing crisis and shortage. A consequence of high prices has been an explosion of residential real estate wealth now totaling over $2.1 trillion in the province, a stock of wealth that remains only… View Article

"Budget 2024" written on a coiled paper pad on a desk.

Our recommendations for the 2024 BC budget

Jun 22, 2023

By Alex Hemingway

The BC government is holding its annual public consultation on Budget 2024 this June, inviting British Columbians to share their priorities for government investment next year. On June 14, I presented the CCPA–BC’s recommendations to the Select Standing Committee on Finance and Government Services. Via the BC Legislative Assembly website, you can hear my presentation… View Article

Why Canada still needs a wealth tax—and what it could fund

May 9, 2023

By Alex Hemingway

The rise of extreme inequality has provoked growing calls for an annual wealth tax on the super-rich around the world, and Canada is no exception. Backed by a growing body of economic research, proposals for a wealth tax have high levels of support among Canadians across party lines. Yet, an annual wealth tax is nowhere… View Article

BC budget does the right thing by prioritizing investment over austerity

Mar 1, 2023

By Alex Hemingway, Iglika Ivanova and Shannon Daub

BC’s first budget under Premier David Eby includes substantial funding increases in housing, health care, income supports and cost of living tax credits, as well as allocating a record level of investment towards capital infrastructure. This not only represents much-needed progress towards meeting some of the big challenges facing our province but also prudently continues… View Article

Over a barrel: The case for a windfall profits tax to address surging gasoline prices

Mar 17, 2022

By Marc Lee

Do you support a windfall profits tax on oil and gas corporations? Let us know at the bottom of this article and sign up to receive e-mail updates! The recent surge in oil prices has caused pain at the pumps for many working people, further stoked inflation in the economy, and led to a rash… View Article

BC’s property tax increases: What has been the impact of the 2018 changes?

Mar 8, 2022

By Marc Lee

Four years ago, the 2018 BC Budget introduced a number of new taxes in support of an affordable housing agenda. The taxes, along with new spending measures and renter protections, were part of the government’s Homes for BC 30-point housing plan and included: Higher provincial property taxes (Additional School Tax) for homes assessed at more… View Article

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A progressive take on BC issues

A progressive take on BC issues

Taxes

BC’s tax system has become fairer since 2017, richest 1% paying more

Bolder moves needed for taxing the rich

Affordability crisis will persist until we get a handle on runaway housing costs

Reality check: BC government can afford to make more investments in urgent social and environmental priorities

Taxing land wealth for the public good: provincial policy options

Our recommendations for the 2024 BC budget

Why Canada still needs a wealth tax—and what it could fund

BC budget does the right thing by prioritizing investment over austerity

Over a barrel: The case for a windfall profits tax to address surging gasoline prices

BC’s property tax increases: What has been the impact of the 2018 changes?