Victoria BC capital project repacing

B.C. Budget 2026: Tax Hikes, 15K Job Cuts, and Massive Deficits Hit Victoria Hard

The B.C. Budget 2026 has sent shockwaves through the Capital Region, projecting a record $13.3 billion deficit while introducing the first income tax hike in a generation. With 15,000 public sector jobs on the chopping block and the ‘re-pacing’ of vital Victoria infrastructure—including the University of Victoria’s student housing—local residents are facing a new era of fiscal austerity. Discover the specific ‘pain points’ for Victorians and how these structural changes will reshape the city’s economy and public service landscape. Click to see the full impact on your wallet and community.

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