B.C. 2026 budget sends mixed signals regarding its economic future but keeps important programs for households - Clean Energy Canada

The B.C. 2026 budget presents a mixed outlook on the province’s economic future, particularly regarding its clean economy ambitions. While the budget advances significant initiatives such as investing over $6 billion in clean electricity projects and planning additional power capacity by 2028, it also introduces a $400 million Strategic Investment Fund aimed at supporting emerging sectors. However, concerns remain that this fund might prioritize established, polluting industries rather than fostering growth in transformative clean economy sectors like critical minerals and electrification. Additionally, the budget continues to emphasize liquefied natural gas (LNG) development despite uncertainties surrounding the industry, with limited focus on other promising clean economy opportunities. On the household front, the budget maintains important programs supporting low- and moderate-income families in accessing heat pumps and invests in public electric vehicle (EV) charging infrastructure. Clean Energy Canada highlights that more no-cost measures could be implemented to accelerate clean energy adoption and reduce energy costs for British Columbians. These include updating equipment standards to favor heat pumps