Whistler Real Estate Listings

About Home Owner Grant The purpose of the home owner grant is to help reduce the amount of residential property tax British Columbians pay. The home owner grant applies to taxes paid by British Columbians to their municipality or to the Surveyor of Taxes for rural areas. The grant is available to Canadian citizens or holder of permanent residency status in Canada, who live in British Columbia, and he or she must occupy the home as his/her principal residence. The home owner grant program includes the following types of grants: Basic Additional Retroactive Multiple For 2011, the home owner grant will be reduced on higher-valued properties by $5 for each $1,000 of assessed value over $1,150,000. The basic grant is eliminated on homes assessed at $1,264,000 or more, and the additional grant is eliminated on homes of $1,319,000 or more. Continuing from the 2007 tax year, the home owner grant is provided to some low-income homeowners or occupants who did not qua...