Vancouver Tax

• Budget outlook warns Vancouver could face 9% annual property tax hikes

  The warning is included in a 2024-2028 budget outlook prepared by the city's director of finance, and due to be considered at a council meeting next week.

  Politics

  Jun 22, 2023
  
• Cut Vancouver’s empty homes tax back to 3% for 2023, city staff recommend

  Vancouver's empty homes tax is intended to bring vacant units onto the rental or sale market, and targets properties that are unoccupied for more than half the year.

  Politics

  May 4, 2023
  
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• West Vancouver property tax hike smaller than expected

  Council was expected to deliver a tax increase of 6.07 per cent, which has now be cut to 4.15 per cent, as neighbouring Vancouver and Surrey deliver double-digit hikes.  

  Politics

  Mar 8, 2023
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• It’s been six years since Vancouver approved a ‘fentanyl tax.’ Is it helping?

  Vancouver city council approved a 0.5-per cent property tax, generating about $3.5 million per year, in 2016 aimed at tackling the drug death crisis.

  Health

  Aug 18, 2022
• Vancouver raising empty homes tax to 3% in 2021

  This will be the second time the tax has been hiked. Council approved an increase from one per cent to 1.25 per cent in 2019. 

  Nov 25, 2020
• Vacant homes in Vancouver continue to dwindle due to empty homes tax: mayor

  The city says 787 properties were declared vacant for 2019 — down 15 per cent from 2018 and 30 per cent from when the tax started.

  Feb 7, 2020
• Vancouver passes budget with 7% property tax hike after divisive meeting

  The 2020 budget includes funding for 35 new police hires and 30 new firefighters.

  Dec 18, 2019
• Vancouver to hike empty homes tax by 25%

  Keeping a home empty in Vancouver is about to get more expensive.

  Nov 28, 2019
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• Vancouver’s empty homes tax should stay at 1% to ensure it’s still being paid: staff

  The staff report does recommend further exempting homes under renovation for a majority of the year while extending the complaint process to 90 days.

  Nov 24, 2019
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• Vancouver empty homes tax nets another $39M as number of vacant properties drop, city says

  According to the report released Wednesday, $39.4 million in revenue was raised during the 2018 tax year, which was collected from the owners of 1,989 vacant properties.

  Nov 20, 2019