Statement
Cut your income tax immediately. Provide $1,000 a year in income-tax relief per person, or $2,000 for a couple, by increasing the provincial basic personal exemption to the most generous allowance in the country.
Overview
Increase basic personal exemption from $13,216 to $32,000, delivering an estimated $2.9 billion/year in relief effective for the 2027 tax year ($725 million in 2026/27).
Sources
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Ready to DELIVER - Lorne Doerkson's Plan for a STRONGER BC / 2026 (Page 5) (opens in a new tab) Source
Page 5 (Keep more of what you earn): Cut your income tax immediately. Provide $1,000 a year in income-tax relief per person, or $2,000 for a couple, by increasing the provincial basic personal exemption to the most generous allowance in the country.