Eby proposes higher taxes on B.C.’s top earners

British Columbia NDP Leader David Eby said his party would raise provincial income taxes on the highest earners and introduce a new bracket for income above $1 million if reelected, with the revenue intended in part to support health care. The proposed changes are scheduled to begin in the 2027 tax year, according to party documents. The plan would increase the rate on income between $190,405 and $265,545 to 18.8 per cent, and the rate on income above $265,545 to 22.5 per cent. Income over $1 million would be taxed at 24.5 per cent. The higher rates would apply only to income within each bracket, rather than to all of a person’s earnings. The party estimates the changes would affect fewer than 4 per cent of income earners in the province. NDP-provided projections put the additional revenue at $225 million in 2026-27, $925 million in 2027-28 and $1 billion in 2028-29. The figures are forecasts, not revenue already collected. Eby said the money would help fund health-care improvements and lower costs for British Columbians. The party has described the measure as a way to pay for public services while asking those with the highest incomes to contribute more.