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ARTICLE · 05 MARCH 2026

B.C. Budget 2026: Real Estate Highlights

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On February 17, 2026, the Province of British Columbia released its 2026 Budget (the "Budget"), introducing several measures that affect property taxation, real estate ownership...

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Kristian Arciaga
Kristian Arciaga
Cara Chu
Cara Chu
Claire Lee
Claire Lee
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On February 17, 2026, the Province of British Columbia released its 2026 Budget (the "Budget"), introducing several measures that affect property taxation, real estate ownership, development, and related services in British Columbia1. This bulletin highlights the key changes relevant to real estate stakeholders.

Increasing Interest Rates for Property Tax Deferment Program

Effective for the 2026 and subsequent taxation years, the Province is harmonizing and increasing interest rates under the property tax deferment program for: (1) homeowners who are 55 years of age or older, as well as surviving spouses or persons with disabilities (the "Regular Program"); and (2) families with children2.

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