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Housing · BC
Low-interest provincial loan letting an owner DEFER the property taxes on their principal residence. The regular program covers people 55 or older, surviving spouses of any age and persons with disabilities; it requires keeping at least 25 percent equity (total charges cannot exceed 75 percent of assessed value). The families with children program covers people supporting a child under 18 and requires 15 percent equity (charges capped at 85 percent).
Eligibility conditions
Reside in an eligible province (BC)
Eligible housing tenure (homeowner)
Be at least 55 years old
How to apply
Be a registered owner living in the home as your principal residence; cottages and rental homes are excluded.
Have lived in B.C. for at least one year before applying, and have paid previous years' taxes, penalties and interest.
Deferment is a LOAN: it is repayable, and taxes deferred for 2026 and later years carry compound interest.
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