02-01-2026 19:49 via nanaimobulletin.com

B.C.’s homeowner grant threshold set at $2.075M for 2026

The provincial government says the basic homeowner grant for 2026 remains unchanged.
The Finance Ministry announced Friday (Jan. 2) that the threshold for homeowner grants for residential properties in B.C. has been set at $2.075 million for 2026. It’s down from $2.175 million in 2025.
Homes valued above the threshold, according to the ministry, may qualify for a partial homeowner grant, as it is gradually phased out at the rate of $5 per $1,000 of the assessed value. Homes phase out at $2
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