VANCOUVER, BC – MABC released the following statement from Michael Goehring, President & CEO, in response to the provincial government’s 2026 budget:
“MABC is pleased Budget 2026 devoted $3 million in new funding to improve permitting for mineral exploration projects. However, the bigger picture is today’s provincial budget continues a worrisome trajectory of big deficits and debt, increased spending, and almost $4 billion in new taxes, including an expansion of the PST to accounting, engineering and geoscience services, which will raise costs on every mine and mine development project in BC.
“Unfortunately, the budget is unlikely to improve BC’s competitive position and attract more capital investment to BC’s mining sector. It underscores the urgency for Premier Eby and his government to continue to accelerate permitting for new mines, making expedited permitting the standard for every mine development in BC.”
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About the Mining Association of British Columbia
MABC is the voice of British Columbia’s steelmaking coal, metal, and mineral producers, smelters, and advanced development companies. Our industry benefits all British Columbians and supports more than 40,000 jobs and nearly 4,000 small, medium, and Indigenous affiliated businesses in every corner of the province through an annual spend of $3.7 billion on goods and services. Our members’ products have among the lowest carbon footprints globally and are helping the world transition to a cleaner, low-carbon future; safely and responsibly.
For media inquiries
Jayne Czarnocki
Mining Association of British Columbia
Cell: 778-957-2597
Email: [email protected]
