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BC Budget Homeowner Changes

March 12, 2010 by Wayne Mah, A.M.P. · View Comments 

Wayne Mah, A.M.P.

BC FlagThe British Columbia introduced the new Provincial budget on March 2, 2010 and it included some minor changes/benefits for homeowners. They are as follows:

1. Rural BC (outside Lower Mainland, Fraser Valley, and Capital Regional Districts) residents get an extra $200 off in addition to the normal homeowners grant for their property taxes.

2. Families with children under the age of 18 can now defer their property taxes.

There are some requirements for the tax deferal and you can view them here.

What are your thoughts? Particularly on the tax deferment plan?

Wayne Mah, Senior Mortgage Planner, The Mortgage Centre 604.880.1899 / mah.w@mortgagecentre.com

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