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Tourism, Arts, Culture and Sport

B.C. tables bill for Brighouse property tax relief

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Honourable Spencer Chandra Herbert

Honourable Spencer Chandra Herbert

Honourable Spencer Chandra Herbert

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Enhanced visitor experiences planned for Barkerville historic site

January 29, 2025 9:05 AM
Enhanced visitor experiences planned for Barkerville historic site
Visitors can look forward to continuing strong operations, along with expanded hands-on demonstrations and interpretations at Barkerville Historic Town & Park and Cottonwood House Historic Site as part of the site operator’s proposed plan.
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New operator will revitalize historic site experience at Fort Steele

January 29, 2025 9:00 AM
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B.C. tables bill for Brighouse property tax relief

https://news.gov.bc.ca/00304

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Information Bulletin

Victoria
Thursday, May 26, 2011 1:56 PM

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Information Bulletin

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Thursday, May 26, 2011 1:56 PM

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The Province has introduced legislation to allow the City of Richmond to provide targeted, transitional tax relief to commercial property owners in the Brighouse area, announced Ida Chong, Minister of Community Sport and Cultural Development.

A number of commercial properties in and around the Brighouse neighbourhood have experienced sharp increases in assessed values and corresponding property taxes since 2005. The dramatic increases have been triggered by recent development in the area, as well as changes to the city's Official Community Plan that allow for future higher density residential development.

Richmond City Council made a direct request for the Province to provide the city with clear authority to address the unusual circumstances in this area. The intent of the proposed legislation is to help protect jobs provided by businesses occupying these properties during a transitional period.

The Municipalities Enabling and Validating Act (No.4) would:

* Enable the City of Richmond to provide municipal property tax exemptions to eligible commercial properties that have experienced sharp increases in their land values and corresponding property taxes since 2005.

* Provide that such properties would also receive partial relief from the school tax proportional to the municipal exemption, in circumstances where the city has provided a municipal tax exemption.

The City of Richmond will determine which properties are eligible for tax relief, which would apply for a maximum of five years.

Contact:

Jeff Rud

Communications Director

Ministry of Community, Sport and Cultural Development

250 208-4028

Connect with the Province of B.C. at www.gov.bc.ca/connect

https://news.gov.bc.ca/00304

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