
Ahead of BC Budget 2026, the provincial government was already laying the groundwork to defend austerity measures by arguing that there is not enough wealth to redistribute. Economist Alex Hemingway disagrees. He and fellow economist Silas Xuareb at Canadians for Tax Fairness say that there is wealth in BC and Canada, and claiming otherwise is a way to distract us from the massive concentration of wealth in this country. Alex Hemingway is Senior Economist and Public Finance Policy Analyst with BC Policy Solutions. He joins me today to talk about the report published last week, The New Robber Barons.