Home owner grant enhanced for low-income veterans

British Columbia intends to provide an additional grant to help reduce property taxes for lower-income former members of the Canadian Forces

  • Nov. 23, 2011 6:00 a.m.

 

 

“This act of gratitude is a small token of thanks on Remembrance Day to all our veterans for their service and sacrifice,” said Premier Christy Clark earlier this month.

To pay tribute to the service and sacrifice of younger veterans who have served here at home as well as in foreign conflicts, British Columbia intends to provide an additional grant to help reduce property taxes for lower-income former members of the Canadian Forces by up to $275.

The home owner grant currently provides a maximum reduction in residential property taxes of $570 in the Capital Regional District, the Greater Vancouver Regional District and the Fraser Valley Regional District and $770 in other regions of the province.

Homeowners age 65 or over, some homeowners with permanent disabilities, and older veterans and their spouses may already be eligible for an additional grant of up to $275.

But under existing rules, only some veterans of the Second World War or the Korean War and their spouses are eligible for the additional home owner grant.

“To recognize those who have served their country and who now face income challenges, the Province is proposing to expand the home-owner grant so that low-income Canadian Forces veterans may be eligible for the additional grant amount, regardless of the conflict they served in,” said Finance Minister Kevin Falcon.

The proposed changes would create a further grant of up to $275 for low-income Canadian Forces veterans with more recent service in the event they do not already qualify as seniors or persons with disabilities.

Details of the intended change will be announced in Budget 2012 and, subject to approval of the legislature, would take effect for the 2012 property tax year.

Connect with the Province of B.C. at:

 

www.gov.bc.ca/connect

 

Jamie Edwardson, Communications Director, Ministry of Finance

 

 

Just Posted

Car catches fire while being towed by motor home on Hwy. 97

The incident occured just north of Sage Mesa Rd., no injuries have been reported

Parks and Recreation Advisory Committee supports added regulations, rezoning of Three Blind Mice

The recommendations will be presented to Penticton city council at an upcoming meeting

Rain in the forecast for much of the Southern Interior

Rain for much of the day in most areas clearing in the evening

South Okanagan wildfire monitored closely for hot spots

The Eagle Bluff wildfire, north of Oliver, is classified as held

Warmer fall weather could extend wildfire season: AccuWeather

Above seasonal temperatures are expected throughout September, October and November

B.C. sockeye returns drop as official calls 2019 ‘extremely challenging’

Federal government says officials are seeing the same thing off Alaska and Washington state

Expanded support to help B.C. youth from care attend university still falling short

Inadequate support, limited awareness and eligibility restrictions some of the existing challenges

Ethnic media aim to help maintain boost in voting by new Canadians

Statistics Canada says new Canadians made up about one-fifth of the voting population in 2016

Cross-examination begins for B.C. dad accused of killing young daughters

Andrew Berry is charged in the deaths of six-year-old Chloe and four-year-old Aubrey in 2017

Dog attacked by river otters, Penticton owner says

Marie Fletcher says her dog was pulled underwater by four river otters in the Penticton Channel

Swimming advisory issued for Summerland beach

Bacterial counts exceed guidelines

B.C. Pizza Huts raise over $100,000 for Type 1 diabetes research, prevention

The fundraising is part of its annual Sun Life Walk to Cure Diabetes

Civil claim filed over motocross track west of Summerland

Track was constructed on agricultural land around 2016

BC SPCA overwhelmed with cats, kittens needing homes

Large number of cruelty investigations, plus normal ‘kitten season’ to blame

Most Read