Mike Hager, The Globe and Mail, Jan. 04, 2017
The skyrocketing value of British Columbian homes would cut twice as many homeowners out of property-tax relief from the provincial government this year compared to last because their residences are now worth too much.
Last year, 91 per cent of all homes in the province were covered by the homeowner grant program, which offers $570 to owners of properties with an assessed value of less than $1.2-million.