2023 R08 – Annual Adjustment of Provincial Homeowner Grant

Whereas municipal taxes on home owners are expected to increase across the province due to inflation and increased need for services;

And whereas the BC Home Owner Grant Act offsets a modest amount of these increasing property taxes for BC residents using provincial revenue sources, some of which increase with inflation:

Therefore be it resolved that AVICC and UBCM request the Province of British Columbia to establish a method by which eligible homeowner grant amounts are adjusted on an annual basis to account for inflation.