Blog by Evon Mayer

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Homeowner Grant changes

Homeowner Grant threshold raised again

 

In response to rising property values, the BC government announced that it would raise the Home Owner Grant threshold for the fifth consecutive year. The new threshold for homeowners to receive the full grant will be $1,050,000 in assessed property value, up from $950,000.

 

The Home Owner Grant Program reduces the amount of residential property taxes eligible homeowners pay.

 

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