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

Victoria council, meeting as committee of the whole, will consider a motion on a voluntary reconciliation tax. (Black Press Media file photo)
“You may even be confident that you know the definition of “non-arm’s length.” However, what you may not appreciate is this, depending on who is defining that term, the inclusion or exclusion of certain people as “non-arms length” person may vary.”

Rules of the taxman when transferring assets to a relative

“As usual with CRA rules, there are exceptions.”

  • Mar 17, 2022
“You may even be confident that you know the definition of “non-arm’s length.” However, what you may not appreciate is this, depending on who is defining that term, the inclusion or exclusion of certain people as “non-arms length” person may vary.”
The best time to apply for the grant is in May after people have received both their BC Assessment notice and their municipal property tax notice. Photo: Unsplash

Homeowner grants remain unchanged for West Kootenay

Assessment roll and jurisdiction numbers are needed to apply.

The best time to apply for the grant is in May after people have received both their BC Assessment notice and their municipal property tax notice. Photo: Unsplash
BC Assessment reports price of houses rise 32 per cent in Rossland from 2021. Photo: Jim Bailey BC Assessment reports price of single family home rises 32 per cent in Rossland from 2021. Photo: Jim Bailey

Report shows marked increase in price of Rossland property

Golden City’s average price of family home highest in Greater Trail

BC Assessment reports price of houses rise 32 per cent in Rossland from 2021. Photo: Jim Bailey BC Assessment reports price of single family home rises 32 per cent in Rossland from 2021. Photo: Jim Bailey
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)
Photo: File

City of Trail reminds homeowners to apply for tax grant online

With Trail residents now having their 2021 tax bill in hand -…

Photo: File
The City of Rossland has adopted its five-year financial plan. File photo

Rossland council adopts five-year financial plan

Rossland property owners will see a lower tax rate in 2021

The City of Rossland has adopted its five-year financial plan. File photo
Photo: Trail Times

Trail property taxes will go up 3.99 per cent in 2021

Trail council kept the 2020 property tax rate at 0 % over the previous year

Photo: Trail Times
A roof replacement at the Trail Aquatic and Leisure Centre is on the priority list of the city’s capital budget. Photo: Jim Bailey

Trail council prioritizes capital projects

The list is extensive and expensive but does not include all of the capital expenditure budget

A roof replacement at the Trail Aquatic and Leisure Centre is on the priority list of the city’s capital budget. Photo: Jim Bailey
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
One of the highest jumps was in Salmo, where homes went up 19 per cent from $225,000 on average to $268,000. Photo: Black Press

Across the board; Greater Trail house values are up

Majority of Kootenay Columbia homeowners can expect a moderate increase in their 2021 assessments

One of the highest jumps was in Salmo, where homes went up 19 per cent from $225,000 on average to $268,000. Photo: Black Press
The province is taking over full administration of home owner grants, to relieve the burden on municipalities. Photo: Taylor Simpson

Province of B.C. to oversee homeowner grant applications

The administrative move is to help ease the burden for municipalities

The province is taking over full administration of home owner grants, to relieve the burden on municipalities. Photo: Taylor Simpson
Photo: Fraser Institute

Local Leviathans: The Rise of Municipal Government Spending in Canada, 1990–2018

Understanding municipal finances is challenging as they are not very transparent and vary widely

  • Oct 20, 2020
Photo: Fraser Institute
(City of Trail image)

Trail property tax payments due Monday, Aug. 31

The city deferred property tax levies roughly two months due to COVID-19 impacts to homeowners

(City of Trail image)
The City of Rossland has adopted its five-year capital plan. File photo

City of Rossland adopts five-year capital plan

Included in the plan is a 2.5% tax increase for households in 2020

The City of Rossland has adopted its five-year capital plan. File photo
Trail council cuts $1M from budget

Trail council cuts $1M from budget

Property tax invoices will be mailed out this month

Trail council cuts $1M from budget
The City of Rossland has adopted its five-year capital plan. File photo

City of Rossland adopts five-year capital plan

Included in the plan is a 2.5% tax increase for households in 2020

The City of Rossland has adopted its five-year capital plan. File photo
(Black Press file image)

Trail council thanked for job well done

Letter to the Editor from Norm Gabana of Trail

  • Apr 30, 2020
(Black Press file image)