Property taxes

The Parksville Civic and Technology Centre at 100 Jensen Ave. (PQB News file photo)

Parksville returns to pre-pandemic tax penalty collection scheme

Unpaid taxes will incur five percent penalty after July 1, Sept. 14

 

Floyd Augustine, a waterfront property owner in Youbou, is among dozens that are appealing their properties’ value that was assessed by BC Assessment this year. (Citizen photo)

Assessment shock: Island property bought for $4,000 now assessed at $2.1 million

Youbou land owner stunned to see tax assessment jump by $500,000 in one year

 

Regional District of Nanaimo’s directors will be holding budget discussions throughout February. (News Bulletin file photo)

RDN directors look to chip away at potential 11-per cent tax requisition increase

Regional District of Nanaimo budget discussions happening throughout February

 

The Parksville Civic and Technology Centre at 100 Jensen Ave. (PQB News file photo)

Deadline to appeal 2023 assessments for Parksville property owners is Jan. 31

Assessed values up 11 per cent in Parksville

The Parksville Civic and Technology Centre at 100 Jensen Ave. (PQB News file photo)
Snow-covered houses and the downtown skyline are seen in Vancouver, B.C., Wednesday, Nov. 30, 2022.The British Columbia government is boosting the homeowner grant threshold to $2.125 million for this year as average property values increase by 12 per cent.THE CANADIAN PRESS/Darryl Dyck

B.C. government increases homeowner grant limit as home values rise by 12 per cent

Highest valued home in the province is a $74 million Vancouver waterfront compound

Snow-covered houses and the downtown skyline are seen in Vancouver, B.C., Wednesday, Nov. 30, 2022.The British Columbia government is boosting the homeowner grant threshold to $2.125 million for this year as average property values increase by 12 per cent.THE CANADIAN PRESS/Darryl Dyck
Still from Chilliwack Realtor Kevin Schroeder’s January 2022 Instagram video where he explains how BC Assessment increases in property value have no impact on property taxes. (Instagram @kevinschroederrealtor)

OPINION: B.C. Realtor’s explanation how property assessment increases do not affect taxes

Because it’s important, a 2nd look at Kevin Schroeder’s Instagram video on how property taxes work

Still from Chilliwack Realtor Kevin Schroeder’s January 2022 Instagram video where he explains how BC Assessment increases in property value have no impact on property taxes. (Instagram @kevinschroederrealtor)
Snow-covered houses and the downtown skyline are seen after a snowstorm, in Vancouver on November 30, 2022. British Columbia’s property assessment agency is warning homeowners that figures released next month will likely be higher than the current market value.THE CANADIAN PRESS/Darryl Dyck

B.C. property assessments higher, but market has changed: assessor

Homeowners warned they are about to receive assessments that won’t reflect current values

Snow-covered houses and the downtown skyline are seen after a snowstorm, in Vancouver on November 30, 2022. British Columbia’s property assessment agency is warning homeowners that figures released next month will likely be higher than the current market value.THE CANADIAN PRESS/Darryl Dyck
(PQB News file photo)

City of Parksville announces balanced budget for 2022

Council sets overall property tax increase at 3.5% for most classes

(PQB News file photo)
Parksville City Council has voted to raise the municipal property tax rate by 3.5 per cent. (PQB file photo)

Parksville raising municipal property tax rate by 3.5%

Average taxpayer will see a $53 increase

Parksville City Council has voted to raise the municipal property tax rate by 3.5 per cent. (PQB file photo)
Victoria council, meeting as committee of the whole, will consider a motion on a voluntary reconciliation tax. (Black Press Media file photo)

B.C.’s capital considering voluntary Indigenous reconciliation tax for property owners

Under Victoria proposal, city taxpayers would have option to add contribution to area First Nations

Victoria council, meeting as committee of the whole, will consider a motion on a voluntary reconciliation tax. (Black Press Media file photo)
View Royal Mayor David Screech finds himself annually explaining to residents that property taxes don’t increase or decrease to the same degree as property assessments. With assessments jumping 25 to 30 per cent in his municipality alone, he felt the need to post an explanation on social media. (Black Press Media file photo)

Assessments vs. taxation: why soaring Island assessments may not mean soaring taxes

Average increase, municipal budget shape tax increases more than individual assessment hike

View Royal Mayor David Screech finds himself annually explaining to residents that property taxes don’t increase or decrease to the same degree as property assessments. With assessments jumping 25 to 30 per cent in his municipality alone, he felt the need to post an explanation on social media. (Black Press Media file photo)
This home at 2357 Cornwall Drive was sold by the city for $150,000 at auction. It was assessed at $420,000. BC Ombudsperson filed a report saying the city failed to help a vulnerable person and sold her home over not paying $10,000 property tax. (Logan Lockhart Western News)

Update: Penticton to pay $140K to vulnerable woman who lost home over unpaid taxes

Mayor offers apology to woman who lost her home to the city after not paying $10K in taxes

This home at 2357 Cornwall Drive was sold by the city for $150,000 at auction. It was assessed at $420,000. BC Ombudsperson filed a report saying the city failed to help a vulnerable person and sold her home over not paying $10,000 property tax. (Logan Lockhart Western News)
City of Penticton is being called out for evicting and selling a vulnerable woman’s home at auction for not paying $10,000 in property taxes. (File photo)

Penticton should repay vulnerable woman after home sold to pay property tax: B.C. Ombudsperson

The City of Penticton sold the home after the woman was unable to pay $10,000 in taxes

City of Penticton is being called out for evicting and selling a vulnerable woman’s home at auction for not paying $10,000 in property taxes. (File photo)
(PQB News file photo)

Qualicum Beach residents could see property taxes go up 3.5 per cent

Council gives first reading to town’s five-year 2022-2026 financial plan

(PQB News file photo)
Parksville Civic and Technology Centre at 100 Jensen Ave. (PQB News file photo)

City of Parksville addresses concerns about 2021 commercial property tax hike

‘Increase relates directly to the increase in school and regional hospital district taxes’

Parksville Civic and Technology Centre at 100 Jensen Ave. (PQB News file photo)
The graph provided by the City of Parksville in a release issued on May 4, depicting a balanced financial budget for 2021. (submitted photo)

City of Parksville announces a balanced budget for 2021

Penalty date for property tax payments extended from July 2 to Oct. 1

The graph provided by the City of Parksville in a release issued on May 4, depicting a balanced financial budget for 2021. (submitted photo)
(PQB News file photo)

Parksville municipal property tax rates see increase of 3.5 per cent for 2021

Light industry sees 10.8 per cent hike

(PQB News file photo)
The Greater Nanaimo Chamber of Commerce has asked Nanaimo city council to consider a commercial property tax freeze to help offset negative financial impacts of COVID-19. (News Bulletin file photo)

COVID-19: Nanaimo considers one-year commercial property tax freeze

Report based on chamber of commerce proposal to ease pandemic stress on business community

The Greater Nanaimo Chamber of Commerce has asked Nanaimo city council to consider a commercial property tax freeze to help offset negative financial impacts of COVID-19. (News Bulletin file photo)
A real estate sold sign hangs in front of a Canadian property Friday, Nov. 4, 2016. THE CANADIAN PRESS/Graeme Roy

W-shaped recovery would be ‘very severe’ without government assistance: CMHC

The corporation says the COVID-19 pandemic could trigger nearly 50 per cent drop in housing prices

A real estate sold sign hangs in front of a Canadian property Friday, Nov. 4, 2016. THE CANADIAN PRESS/Graeme Roy
BC Assessment mails out property value notices in January that show the assessed value of a property as of July 1, 2020. (File photo)

Deadline to appeal 2020 property assessments is Feb. 1

2021 assessments based on market values at July 1, 2020

BC Assessment mails out property value notices in January that show the assessed value of a property as of July 1, 2020. (File photo)