Statement

ABC Vancouver commits that future property tax increases should remain tied to inflation.

Overview

City Council approved municipal property tax increases of 10.7% in 2023 and 7.5% in 2024, substantially exceeding the rate of inflation and breaking the tax cap commitment.

Sources

  • Vancouver Sun (opens in a new tab) Source Published Nov 1, 2022

    ABC Vancouver fiscal platform pledged that future municipal tax increases would remain aligned with baseline inflation.