Light industry 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 $3.44686 $3.58070 $4.04384
TransLink $0.64994 $0.79569 $0.98404
BC Assessment Authority $0.09978 $0.10539 $0.11912
Metro Vancouver $0.17116 $0.17142 $0.18369
Municipal Finance Authority $0.00072 $0.00071 $0.00073
TOTAL $9.42470 $9.38244 $10.24605

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):

202020192018 - 2017 - 20162015201420132012 - 2011 - 2010 - 2009 - 2008 - 2007 - 2006 - 2005 - 2004 - 2003 - 2002 - 2001 - 2000