British Columbians voice concerns over rising costs and economic pressures

A growing number of BC residents are considering relocation

British Columbians voice concerns over rising costs and economic pressures

An updated report from the Business Council of British Columbia (BCBC) has revealed growing concerns among residents about the province’s affordability crisis, with many considering relocation due to economic strain.

The Stay With B.C. campaign gathered input from more than 3,000 people across 100 communities between December 2024 and May 2025, highlighting four main areas of concern: housing affordability (36%), taxes and regulation (28%), jobs and wages (23%), and public services (18%).

Residents reported that escalating housing costs, combined with stagnant wages, are making it increasingly difficult to remain in BC.

“My rent keeps going up, my bills keep going up, but my pay is the same,” said Ly from New Westminster.

Many pointed to barriers such as restrictive zoning, permitting delays, and high construction costs as compounding the crisis.

Wages lag behind other regions

Participants expressed frustration that wages are not keeping pace with the cost of living. BCBC noted that in 2023, BC’s GDP per capita was about $73,800, compared to $96,200 in Alberta and $120,000 in Washington State.

“Everything has gone up except wages,” said Jarred from Westbank, who called remaining in the province “irresponsible” given the current economic climate.

Taxes and red tape driving businesses away

Business owners cited excessive regulation and high taxes as major deterrents to growth. “It’s like the system is designed to say no,” said Trever from Kelowna, referring to long waits for project approvals. BCBC reported that BC holds the highest tax burden on new capital investment in Canada and one of the highest personal income tax rates in North America.

Public services under strain

Respondents also raised concerns over healthcare shortages, with 700,000 residents lacking access to a family doctor. Long wait times, staff shortages, and credential-recognition barriers for internationally trained professionals were among the most cited issues. Transportation gaps and slow infrastructure upgrades were also identified as factors pushing residents to leave.

Recommendations for change

To address these challenges, BCBC has called for restoring fiscal stability and tax competitiveness, supporting natural resource industries to grow the economy while reducing global emissions, and fostering a more investment-friendly regulatory environment.

“If we want people to stay and thrive in BC, we need to make it easier to invest, build, and work here,” said BCBC president and CEO Laura Jones.

What are your thoughts on the recent findings? Share your insights in the comments below.