Business and other property tax rates
You pay the following dollar amounts in tax for every $1,000 of your property's taxable value.
Property tax rate over the past three years
| Levy (per $1000 taxable value) | 2023 | 2022 | 2021 |
|---|---|---|---|
| General Purpose Tax Levy | $5.05624 | $4.72853 | $4.91463 |
| Provincial School Tax | $3.37456 | $3.56469 | $3.92342 |
| Translink | $0.72875 | $0.78861 | $0.88325 |
| BC Assessment Authority | $0.09769 | $0.10492 | $0.11556 |
| Metro Vancouver | $0.12334 | $0.12352 | $0.13237 |
| Municipal Finance Authority | $0.00051 | $0.00051 | $0.00051 |
| TOTAL | $9.38109 | $9.31078 | $9.96974 |
Note Development Potential Relief Program (DPRP)– The General Levy Relief Rate, for qualifying properties, is 50% of the General Levy Rate for the relief portion of land assessment. The DPRP General Levy Rate is $2.52812 for the relief portion of eligible properties.