Property taxes

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

 

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

 

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

 

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)
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
The Neucel pulp mill in Port Alice has been sent to receivership. (Tyson Whitney)

Dormant Northern Vancouver Island pulp mill declares bankruptcy, owes $272 million

Port Alice’s main employer and tax payer has left the village on the hook for $1.8 million

The Neucel pulp mill in Port Alice has been sent to receivership. (Tyson Whitney)