Property Tax Guidance During COVID-19

March 31, 2020

Property Tax Guidance for the COVID-19 Pandemic 

 

Altus Group has prepared a summary of the status of deferral programs for each of the 11 major Canadian cities covered in their annual Canadian Property Tax Rate Benchmark Report.

 

Vancouver, BC

Last update: March 29, 2020

(1) Tax Payment Dates Deferred and/or (2) Interest  & Penalty Charges on Late Payments Suspended: YES

  • City extending Property Tax due date by 60 days from July 2, 2020 to September 1, 2020
  • 50% reduction in school taxes for most non-residential properties. Savings will vary across tax jurisdictions but will equate to an average property tax reduction of 20%.

Source: https://vancouver.ca/home-property-development/covid-19-coronavirus-within-vancouver.aspx

 

Click here to Review Property Tax Information for Other Municipalities

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