Here Are The Top 6 Things That Are Rising In Cost In B.C. This Year

Canada Workers Benefit / minimum wage canada / tax rates b.c. / canada gst increase

It’s no secret that everything is rising in cost, especially in B.C.. It seems like no matter where you look, things just get more and more expensive.

If you’re curious about exactly what is getting pricier this year, we’ve compiled the top 6 things that will be rising in cost throughout the province. From taxes to groceries, here’s what to look out for.

Top 6 Things That Are Rising In Cost In B.C. This Year

Taxes

Workers making more than $85,000 having to pay $262 more in payroll taxes (CPP & EI contributions) in 2026 when compared to 2025. Moreover, federal alcohol taxes will also be increasing by 2% on April 1, 2026.

Groceries

Groceries is most likely where many Canadians are feeling the squeeze. According to Canada’s Food Price Report 2026, Canadians families are predicted to spend up to $994 more on food. That’s approximately an increase of 5%.

Electricity

Hydro rates will be increasing by 3.75% a year for residential customers in 2025 and 2026, as per B.C. Energy Minister Adrian Dix, who ordered the B.C. Utilities Commission to introduce this price hike. The next cost increase will be coming on April 1, 2026.

Average residential customers can expect around $5.35/month more on their bills.

TransLink

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Photo: Broadway Subway Project

TransLink will be increasing its fares by 14 cents (5%) for the average trip, as of July. Additionally, TransLink will also be collecting an extra $20/year in property taxes from each Metro Vancouver household.

Natural Gas

The B.C. Utilities Commission has approved Fortis B.C. to increase gas rates by an average of 11.1%, which was implemented on January 1, 2026.  Average residential customers can expect an increase of around $10.95/month.

B.C. Ferries

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Photo: @adaptercable / Reddit, BC Ferries

By April 8, a standard-sized vehicle and driver will have to pay 15.8% more to board a ferry from Tsawwassen to Swartz Bay. Foot passengers will also have to pay 5% more for an adult, making the cost climb from $20 to $21.

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