BC NDP releases election costings projecting $581 million surplus by 2028/29
The BC NDP published a full platform costing on October 14, projecting it can reduce the provincial deficit to $12 billion by 2028/29 and reach a $581 million surplus, partly through a new income tax on the top 3.88 percent of earners.
Reported. A news outlet found this. voche.me names the outlet and links its report. Read the original report on globalnews.ca.
The BC NDP released a full platform costing on October 14, 2026, projecting the provincial deficit would fall from $14 billion this fiscal year to $12 billion by 2028/29, and that the party's platform would produce a $581 million surplus by that year. Global News reported the figures based on the party's costing document.
The plan puts $1 billion in new revenue from an income tax increase on the top 3.88 percent of earners in the province. An additional $730 million is projected to come from what the party calls targeted economic growth. The party has not published a full breakdown of how that growth figure was calculated.
BC NDP Leader David Eby said the plan "is fully costed and focused on what matters most to working families in uncertain times," according to Global News.
What the other parties released
The BC Greens released their own costings alongside the NDP. The Green platform proposes $9.3 billion in new annual spending, according to Global News. The party projects funding this partly through a wealth tax it says would raise $22.2 billion in year one. These are the party's own figures and have not been independently audited.
The BC Conservatives had not released their own platform costings at the time of the Global News report. Eby said the Conservative plan would "blow a multi-billion-dollar hole in the budget." BC Conservative Leader Lorne Doerkson had not publicly responded to that claim at publication time, according to Global News.
Context
BC entered the current election campaign carrying a $14 billion deficit for the 2026/27 fiscal year. The NDP's costing document says the party would reduce that figure over two years, reaching a surplus by 2028/29. The surplus projection depends on both the revenue measures and the growth estimate the party has put in the document.
The release of party costings is a standard step in a BC provincial campaign. An independent office does not score the platforms; each party publishes its own numbers.
What voters can do
Voters can review the BC NDP's platform commitments on its party page at /bc/provincial-2026/parties/bc-ndp. Advance voting runs October 16 to 21. Voting day is October 24, 2026. Voters can confirm their voting location at elections.bc.ca.
Questions this story answers
What did the BC NDP release on October 14, 2026?
The BC NDP released a full platform costing on October 14, 2026. According to Global News, the document projects the party's fiscal plan if elected, including projected deficit and surplus figures for the years ahead. The release came nine days before voting day on October 24, 2026.
What is BC's current provincial deficit?
Global News reported on October 14, 2026 that BC's current deficit for the 2026/27 fiscal year is $14 billion. The BC NDP's costing document projects this would fall to $12 billion by 2028/29 under its plan.
How does the BC NDP plan to raise revenue in its election platform?
According to the NDP's costing document as reported by Global News, the plan includes $1 billion from a new income tax on the top 3.88 percent of earners, and $730 million from what the party describes as targeted economic growth. Together, these and other measures are projected to produce a $581 million platform surplus by 2028/29.
What did David Eby say about the NDP's platform costings?
Global News reported that BC NDP Leader David Eby said: 'Our plan is fully costed and focused on what matters most to working families in uncertain times.' Eby also said the BC Conservative leader's plans would 'blow a multi-billion-dollar hole in the budget,' a claim the Conservatives had not publicly responded to at the time of the report.
Have the BC Conservatives released their own election costings?
Global News reported on October 14, 2026 that the BC Conservatives had not released their own platform costings at publication time. Conservative Leader Lorne Doerkson has not responded publicly to Eby's claim that the Conservative plan would increase the deficit.
What did the BC Greens propose in their own costings?
Global News reported that the BC Greens proposed $9.3 billion in new annual spending, funded in part by a wealth tax the party projects would raise $22.2 billion in year one. These are the party's own figures and have not been independently verified.
What is the $581 million figure in the NDP costings?
The $581 million is the projected platform surplus the BC NDP says its plan would produce by 2028/29, according to Global News's October 14, 2026 report on the party's costing document. It comes after the deficit is projected to fall from $14 billion to $12 billion over two years. These are the party's own numbers and are not independently audited.
Where can voters read more about the BC NDP's platform?
Voters can review the BC NDP's party page at /bc/provincial-2026/parties/bc-ndp. Global News published its full report on the costings at globalnews.ca on October 14, 2026. Voting day is October 24, 2026, with advance voting open October 16 to 21.
Sources
The pages this story draws on. Open one to check a claim yourself.
- Global News – BC NDP election costingsglobalnews.ca
- BC NDP party pagevoche.me
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