Municipalities defend business tax rates

B.C. cities and towns still charge businesses almost three times the residential rate on average, according to the Canadian Federation of Independent Business.

Union of B.C. Municipalities president Barbara Steele

Local governments in B.C. have shown “a sliver” of improvement in their tax policies, but still place too heavy a burden on business, the Canadian Federation of Independent Business says in its annual survey.

“In 2010, small businesses paid 2.79 times more in property taxes than residents on the same value of property,” the CFIB says in its latest report, released Tuesday. “The business share of property taxes has been increasing over the last two decades, but dropped slightly over the past year.”

Out of 160 B.C. municipalities surveyed, 24 kept business taxes down to twice the residential rate or less. That’s the CFIB’s target rate for taxes.

The federation’s “worst offenders” list for 2010 is topped by North Saanich, one of the 13 municipalities that crowd the Victoria region. It charges more than six times the tax on business property as the equivalent residential value (6.05).

The rest of the list is Revelstoke (5.86), Kitimat (4.69), Coquitlam (4.69), Vancouver (4.55), Tumbler Ridge (4.33), Metchosin (4.12), Castlegar (4.04), Ashcroft (4.01), Lantzville (4.00), North Vancouver City (3.94), Burnaby (3.88), Logan Lake (3.87), Comox (3.82), View Royal (3.77), Whistler (3.75), Terrace (3.73), New Westminster (3.73), Colwood (3.67) and Hudson’s Hpe (3.67).

Prince George taxes business property at about twice the rate as residential, which is the ratio that the Union of B.C. Municipalities has advocated for several years.

The UBCM issued a sharply worded response to the CFIB survey in its June newsletter. Surrey Councillor Barb Steele, the current UBCM president, said administrative overhead has generally gone down, while municipal spending has increased mainly for protective services, parks and recreation.

“The CFIB has a simple answer for the complexities of local government finance: cut spending,” Steele said. “It’s a hollow exercise to lecture about spending before considering the people who rely on the services municipalities provide.”

The UBCM calculates that the overall share of property tax paid by business has declined slightly in the past 20 years, while the total share paid by residential owners has gone up by seven per cent.

Reaching the business group’s target of a two-to-one ratio would result in a tax hike of $230 for the average B.C. homeowner.

Just Posted

Mathieu Caron leads Chilliwack Chiefs to shutout win over Wenatchee Wild

Chilliwack’s netminder stopped 29 pucks Saturday night in a BCHL Showcase game at Prospera Centre.

Chilliwack Chiefs erase three goal deficit in overtime win

Down 3-0 to the Cowichan Capitals, the Chiefs came back to win 4-3 in the BCHL Showcase match.

Chilliwack man feeling helpless about puppy stolen while at church

Evidence of neighbour trespassing and accusing him of dog neglect not enough for RCMP

UPDATE: Missing Chilliwack man has been found

Chilliwack RCMP is thanking the public for keeping an eye out

UPDATED: Chilliwack councillor’s expenses being sent to the RCMP

Decision to have expenses audited and shared with RCMP taken at special meeting of council

Environment Canada confirms Ottawa area hit by two tornadoes Friday

At one point more than 200,000 hydro customers were blacked out

Phase 2 of $1.35B Royal Columbian upgrades won’t be a public-private partnership

B.C. Health Minister Adrian Dix says it will be a design-build

Trump drains oxygen from Trudeau foreign policy with PM, Freeland bound for UN

A lot has changed since the Liberals came to power in Canada in 2015

B.C. man fined $15,000, barred from trading securities for fraud

Larry Keith Davis used money from an investor to pay personal bills

Emergency crews investigate small sulphuric acid spill in Kootenays

IRM states a small volume of less than one cup and three dime-sized drips were leaked from carrier

Family, friends of B.C murder victim want killer sent back to max security facility

Group wants convicted murderer Walter Ramsay sent back to a maximum security facility

Man facing charges after allegedly climbing into police car, spraying fire extinguisher

Vancouver police say the man appeared to be under the influence of drugs

Porsche impounded for going 138 km/hr in 90 zone during charity rally

West Vancouver Police said wet roads and heavy rain made it extra dangerous

Most Read