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Provincial election Final Voting Day Saturday, October 24, 2026 Advance voting October 16 to 21Where to vote
BC Ballot / Party platforms / Jobs and the economy

Jobs and the economy: what each party would do

BC’s unemployment rate and the Ministry of Finance’s economic forecast, and what each of BC’s five parties has committed to on jobs and the economy.

Party sites checked October 6, 2026

Each party on jobs and the economy

The terms and the law

  • The unemployment rate is the number of unemployed people as a percentage of the labour force (the employed and the unemployed). The Daily, Labour Force Survey, August 2026
  • The Economic Stabilization (Tariff Response) Act is a BC law, assented to May 29, 2025. Economic Stabilization (Tariff Response) Act, SBC 2025, c. 11
  • It lets cabinet issue directives on what the government and government organizations buy. Section 7
  • Among the counter measures the BC government’s page on its response to US tariffs lists as in effect: BC Liquor removed all American products from store shelves and stopped importing them, and the BC government, health authorities and certain Crown corporations must follow procurement restrictions set out in the Economic Stabilization (Tariff Response) Act and Order in Council 319-2025. The page lists other measures as well. B.C.’s response to U.S. tariffs, page last updated September 18, 2026
  • The chief forester determines the allowable annual cut for the Crown land in each timber supply area and for each tree farm licence area, at least once every 10 years; the Act lets the chief forester postpone a determination to up to 15 years after the last one. Forest Act, section 8

Jobs, growth and trade

Unemployment rate, August 2026 British Columbia, seasonally adjusted
6.5% Statistics Canada, Labour Force Survey
People employed, August 2026 British Columbia, seasonally adjusted, in thousands
2,949.2 thousand Statistics Canada, Labour Force Survey, Table 3 The release’s summary prints the employment level as 2,949,000; its table of labour force characteristics by province prints 2,949.2, in thousands.
Unemployment rate, expected average for 2026 Ministry of Finance forecast; 6.1 per cent expected for 2027
6.4 per cent First Quarterly Report 2026/27, September 14, 2026, p. 38
Economic growth forecast, 2026 Ministry of Finance forecast; 2.0 per cent estimated for 2025, 1.9 per cent forecast for 2027
0.9 per cent First Quarterly Report 2026/27, September 14, 2026, p. 35
Share of BC goods exports going to the US Year to date to June 2026
47.2 per cent First Quarterly Report 2026/27, September 14, 2026, p. 45
Crown harvest volumes assumed for 2026/27 Updated forecast assumption: Interior 21.5, Coast 7.5
29.0 million cubic metres First Quarterly Report 2026/27, Table A1, p. 66

Recorded votes

  1. Motion 7, on tariffs proposed by the US President and a nationally coordinated Canadian response: passed, 86 to 5

    86 for 5 against 2 did not vote

  2. Second reading of Bill 7, the Economic Stabilization (Tariff Response) Act: passed, 48 to 43

    48 for 43 against 2 did not vote

  3. Third reading of Bill 7, the Economic Stabilization (Tariff Response) Act: passed, 48 to 44

    48 for 44 against 1 did not vote

The tables

Unemployment rate by BC census metropolitan area, three-month moving average, seasonally adjusted (per cent)

Census metropolitan areaJuly 2026August 2026
Kelowna9.39.0
Kamloops6.55.5
Chilliwack6.95.5
Abbotsford–Mission8.37.4
Vancouver6.36.4
Victoria5.05.3
Nanaimo6.45.7

Source: The Daily, Labour Force Survey, August 2026, Table 7: Labour force characteristics by census metropolitan area, three-month moving average, seasonally adjusted.

Keep comparing

Each party’s page, at jobs and the economy

Sources