B.C. Election: Will tax cuts and other promises actually help with cost of living?

It costs 21 per cent more to live in B.C. today than it did five years ago , according to the Business Council of the province .

Wages and social assistance haven’t kept up with inflation that has pushed shelter costs 29 per cent higher than 2019 .

Experts, advocates and voters question whether the parties’ plans will make a substantial difference.

The parties are significantly quieter on the topic of food costs and food insecurity.

The Greens go the furthest with a pledge to raise the food crisis grant from $ 40 a month to $ 200 a month.

B.C. 's carbon tax generated $2.6 billion in revenue in 2023-24 , most of which is recycled as income tax breaks for lower-income households and businesses.

We asked voters - B.C. Election: Leaders' tours indicate NDP focus on Fraser Valley while Conservatives try to shore up Interior - B.C. Election : Where the leaders stand on wage growth, resource development and 8 other economic issues [email protected] RACE FOR B.C.: Follow our coverage of the 2024 B.C. election campaign HERE. Not yet a subscriber? Please click HERE for a special subscription offer..