Vancouver Property Taxes

• Vancouver mayor says he knows a 10.7% increase in property taxes ‘sucks’

  Ken Sim said the previous council's spending during the COVID-19 pandemic drained the city's cash reserves but the greatest concern is that core services need to be updated.

  Canada

  Feb 28, 2023
  
• Vancouver councillors mull 5% increase to property taxes in 2023 budget

  If approved next year, the hike will cost the median residential property owner an estimated $99 per year, and the median business about $256 per year.

  Politics

  Nov 30, 2022
  
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• Vancouver gives green light to 2022 budget and a 6.35% hike in property tax

  Increased spending on the Vancouver Police Department is the driving factor in a 6.35-per cent increase to property taxes, according to Mayor Kennedy Stewart.

  Economy

  Dec 8, 2021
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• ‘Trade offs’ required to keep Vancouver property tax hike under 12%: city report

  Staff are recommending transferring up to $57 million from the city's reserves in order to hold the tax hike to 5 per cent or less.

  Economy

  Nov 1, 2020
• Vancouver property taxes are highest in Canada, report says

  The report says single-family homeowners paid an average of just over $6,200 in property taxes this past year.

  Politics

  Sep 29, 2020
• City of Vancouver extends property tax deadline, ends free parking

  Vancouver city council has voted to push back the deadline for property taxes this year and reinstate metered parking across most of the city.

  Apr 29, 2020
• Province won’t review property tax deferment program

  Critics argue the program is offering ultra low interest rates to the wealthy.

  Aug 30, 2017