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 3 years

Levy (per $1000 taxable value) 2025 2024 2023
General Purpose Tax Levy $6.35386 $5.87266 $5.05624
Provincial School Tax $3.58177 $3.42299 $3.37456
Translink $0.95764 $0.85163 $0.72875
BC Assessment Authority $0.10152 $0.09724 $0.09769
Metro Vancouver $0.13897 $0.13449 $0.12334
Municipal Finance Authority $0.00050 $0.00050 $0.00051
TOTAL $11.13426 $10.37951 $9.38109

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.

Property tax rates from previous years

View historical tax rates for residential, utilities, supportive housing, major industry, light industry, business, recreational and non-profit, and farm properties (, 2 pages each):

2022 - 2021 - 2020 - 2019 - 2018 - 2017 - 2016 - 2015 - 2014 - 2013 - 2012 - 2011 - 2010 - 2009 - 2008 - 2007 - 2006 - 2005 - 2004 - 2003 - 2002 - 2001 - 2000