B.C. Premier David Eby introduces legislation that would create a $400-million B.C. Strategic Investment Fund on February 24, 2026. (Image Credit: Flickr / B.C. Gov.)

By George Anderson, MLA

Opinion

YOUR PERSPECTIVE: The B.C. Strategic Investment Fund

Mar 5, 2026 | 10:21 AM

We’re creating a path for a prosperous future for British Columbians with a plan to secure $200 billion in new private sector investments in B.C.

To support that plan, our government has announced a $400 million Strategic Investment Fund to ensure that if B.C.’s support is needed for the success of a project, people in our province will see a greater financial benefit. 

Currently, when we co-invest in major private sector projects, it happens through grants, and that means there is often little to no direct revenue participation for the Province. We need to make sure that investments that benefit from government partnerships, also benefit British Columbians. 

We want to bring ourselves in line with other provinces and jurisdictions, who support projects financially in a number of different ways such as through loans, repayable grants, equity in private companies and upside revenue sharing, which will allow for us to see different and more fruitful benefits based on the investment. 

In addition, this new fund would also put us in a better position to co-invest in priority projects and, importantly, help secure more federal funds, like those being considered under Canada’s new Defence Industrial Strategy. This fund is also a critical tool to help B.C. realize its Look West target of securing $200 billion in new private-sector investments.

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This doesn’t mean that the province takes over or overpowers private companies, it means that when we receive proposals, we can analyze the best way to support companies, while making sure that British Columbians get to share in their success. 

We’re going to support this fund through new proposed legislation, which will create new financial tools to put us in line with other provinces, drive investment west and open the door wide open for economic opportunity in our beautiful province. 

We’ve been clear. British Columbia has everything it takes to be the economic engine of Canada, and it’s more important than ever that we create long-term, good-paying jobs for people here in B.C.