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

Vehicle smashes sign and cars in Summerland school parking lot

Driver of a Ford Expedition lost control, crashing into two other vehicles

Dangerous driving in Keremeos and Vernon nets jail time

Gary Patrick Richard will serve 73 days in jail for dangerous driving and other offences

Top classic car show cruises back into Penticton

Peach City Beach Cruise runs June 21 to 23 in Penticton

Penticton pharmacy restricted from dispensing opioid treatment drugs

B.C. College of Pharmacists alleges Sunrise Pharmacy dispensed treatment drugs against rules

Historical Red Bridge celebrated in Canada Post heritage stamp series

Keremeos resident remembers bridge as spot to swim half a century ago

PHOTOS: Elusive ‘ghost whale’ surfaces near Campbell River

Ecotourism operator captures images of the rare white orca

A Kelowna medical research company needs adults with autism spectrum disorder for a study

Three-hundred-fifty patients worldwide will participate in the study

B.C. church’s Pride flag defaced for second time in 12 days

Delta’s Ladner United Church says it will continue to fly the flag for Pride month

RAMA and Migrants Rights Network supporters protest for enhanced labour rights amongst migrant workers

‘I benefit from people who come and do the work that we can’t find other Canadians to do’

Michael McDonald to play in the Okanagan

The five-time Grammy Award winner has sold out Mission Hill Family Estate Winery

Police probe report of shooting as Raptors rally continues

There were reports of a woman being injured at the event that celebrates the team’s NBA title win

North Okanagan adds wildfire protection

“The important message we would like to get out is that there are actions that people can take to make their homes less susceptible to the threat of wildfires”

Oil and gas sector cautious as deadline on Trans Mountain decision nears

Trudeau government expected to announce whether it will approve pipeline for second time on Tuesday

Skipping school costs a dozen B.C. students chance at a new car

Cowichan’s Jared Lammi showed up and won $5,000 cheque toward vehicle, but he can’t drive

Most Read