Budget 2024: B.C. offers rebates, credits in election year [Video]

One-time rebates and bonuses for eligible families and hydro customers will see more money in the pockets of British Columbians as part of the NDP’s election year budget, with more spending in key support programs.

An estimated 340,000 eligible families will get an extra 24 per cent bonus with their monthly B.C. Family Benefit this year, with a family of four that’s been receiving $2,850 a year now eligible for $4,563, an increase of $445 for the year. Some 66,000 of those families will be newly eligible.

The one-time B.C. Electricity Affordability credit will save the average household $100, which will cost the province $370 million in total for the year. Commercial and industrial electricity customers will save up to 4.6 per cent of their energy consumption, which is expected to average $400 for the year.

The Climate Action Tax Credit is also growing slightly: families of four will receive …