B.C. NDP release election platform including another $3-billion in extra spending

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B.C. NDP release election platform including another $3-billion in extra spending
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Conservatives roll out raft of promises, including transportation investments, just hours before NDP

B.C. NDP Leader David Eby holds a copy of the party's election platform while speaking, in Surrey , B.C., on Oct. 3.The BC NDP has rolled out its complete election platform, tallying up commitments ranging from more before-and-after school care to an affordability rebate – and amounting to almost $3-billion in added spending to the province’s unprecedented deficit., who launched the platform Thursday at a home in Surrey -Serpentine River, one of the key battleground ridings in the Oct.

The NDP platform wraps up the party’s many announcements previously made in recent weeks, including significant housing investments. It also includes a plan to provide a $1,000 grocery rebate next year, which will morph into a middle-class tax reduction in later years. The measure, the single most expensive promise by the NDP, is expected to cost taxpayers $1.8-billion in 2025.

“We’re right at the bottom of the economic cycle. I’m certainly hopeful that we’re going to see increased resource prices as the global economy comes back online, and as interest rates are cut by central banks,” he told reporters. Mr. Rustad has announced several economic initiatives in recent days, including a plan to end the Insurance Corporation of British Columbia’s monopoly on basic vehicle insurance. He said Thursday that this would bring in competition, drive down costs and improve services. Mr. Eby said such a move would double insurance costs for young drivers., helping improve ICBC’s finances.

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