Joanne Lee-Young, The Province, January 04, 2017
Dramatic gains in assessed property values across B.C. mean twice as many homeowners as last year will no longer qualify for tax relief via the province’s homeowner grant program.
That’s because their homes are — on paper, in a snapshot captured at July 2016 — worth too much.
This year, only 83 per cent of homeowners in B.C. will qualify for a grant as the province’s program currently exists,