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BC Greens Propose Wealth Taxes of up to 20% on Fortunes Exceeding $50 Million

The plan would fund childcare, transit and housing, and the party says it could raise about $22.2 billion one time.

Summary by Daily Hive
The Green Party of British Columbia is proposing a one-time wealth tax with rates reaching 20 per cent, followed by an annual tax of up to five per cent. This would be implemented for British Columbians with net wealth exceeding $50 million. Ahead of the provincial general election on Saturday, Oct. 24, 2026, BC Greens leader Emily Lowan announced her party’s proposed “Fair Share Act” yesterday, asserting it would raise an estimated $22.2 billio…

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50% Right

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sitkamedia.ca broke the news on Monday, October 5, 2026.
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