Revenue

Where the money comes from

Total Revenue

$85.5B

2026/27 Budget Estimate

All provincial taxes, federal transfers, Crown corporation income, and natural resource revenue

Largest Single Source

$19.5B

Personal Income Tax

22.8% of total revenue · Grows to $22.0B by 2028/29

Federal Transfers

$15.5B

From the Federal Government

Health & social transfers + other contributions · Declining as a share of total revenue

Revenue by Source

2026/27 Budget Estimate · Grouped by category · All figures in $billions

Taxation (~59% of all revenue) is dominated by personal income tax ($19.5B) and PST ($11.4B). Federal contributions cover health, social, and other programs — growing in dollar terms but declining as a share of total revenue over the plan period. Other federal contributions ($5.2B in 2026/27) fall to $4.2B by 2028/29 as some time-limited transfer agreements wind down. Carbon tax revenue is lower than previously projected, reflecting the government's decision to hold the rate at $65/tonne rather than the previously planned $80/tonne. Crown corporation income is roughly stable — BC Hydro, ICBC, and BC Lottery each contribute between $700M and $1.3B annually.