B.C.'s Eby promises new tax on millionaires to help pay for health care - CP24
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There was a weekend of new promises on the campaign trail as the provincial election quickly approaches. British Columbia NDP Leader David Eby said his party would introduce a new tax bracket for those who earn $1 million or more to help pay for health care, if re-elected. The leader made the promise Sunday, while campaigning in Comox on Vancouver Island, after he toured ridings in southern British Columbia ahead of the Oct. 24 election day. “We are glad when people are successful, it’s fantastic,” he said. “We cheer for them, we want them to be successful, and it’s also right to ask people, who earn a little bit more to pitch-in in a moment like this, when people across the province need those strong public services.”Eby did not offer specifics about the proposed new tax bracket, but promised more details at a scheduled campaign stop in Victoria later Sunday. The announcement comes after Eby said his government would introduce price guards for certain groceries, as well as gasoline and diesel, while temporarily lowering the provincial motor fuel tax by 10 cents per litres.
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British Columbia NDP Leader David Eby said his party would introduce a new tax bracket for those who earn $1 million or more and raise the existing rates of the two highest brackets to help pay for health care, if re-elected. Eby’s party said British Columbia would become the first large province with a tax bracket on individuals who earn more than a million, while the B. C. Conservatives said the move would drive doctors out of the province.
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British ColumbiaB. C. NDP Leader David Eby is promising to tax people earning more than $1 million at a rate of 24.5 per cent if re-elected, with the revenue being used to help fund health care. The top 2 tax brackets would see a rate hike in addition to a new tax bracketArden McLeod · CBC News · Posted: Oct 04, 2026 6:07 PM EDT | Last Updated: October 5Listen to this articleEstimated 3 minutesThe audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. B. C. NDP Leader David Eby made a stop in Comox, B. C., to speak with voters on Oct. 4. (CBC)B. C. NDP Leader David Eby is promising to tax people earning more than $1 million at a rate of 24.5 per cent if re-elected, with the revenue being used to help fund health care. The change would see rates rise by two percentage points on earnings in the current top two tax brackets and four percentage points for a new $1-million-plus bracket.
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