News Release: Taxpayers oppose outrageous property tax proposals

Author: Carson Binda 2023/06/23

Vancouver, B.C.: The Canadian Taxpayers Federation is demanding that the City of Vancouver immediately cut its spending to avoid nine per cent year over year property tax hikes. The projected tax hikes were disclosed in a report from Vancouver City Hall.


“Jacking up property taxes will make our unaffordable housing situation even worse,” said Carson Binda, British Columbia Director for the Canadian Taxpayers Federation. “It’s completely unacceptable for city hall to think about raising property taxes by nine per cent every single year.” 


A report released this week by Vancouver’s Director of Finance calls for nine per cent property tax increases every year until 2028. This new proposal from city staff comes on the heels of a 10.7 per cent tax hike announced in the most recent city budget. 


Vancouver’s local government will spend $730 million per year on capital spending alone, which the report points to as “a significant increase from past levels.” 


“That runaway spending is driving up taxes and that’s going to be passed onto homeowners and renters,” said Binda. “It defies logic that Mayor Ken Sim and his council are even musing about higher taxes. Sim and his council need to start looking for real savings and controlling spending, instead of slapping taxpayers with ever rising tax-bills”. 




A Note for our Readers:

Is Canada Off Track?

Canada has problems. You see them at gas station. You see them at the grocery store. You see them on your taxes.

Is anyone listening to you to find out where you think Canada’s off track and what you think we could do to make things better?

You can tell us what you think by filling out the survey

Join now to get the Taxpayer newsletter

Franco Terrazzano
Federal Director at
Canadian Taxpayers

Join now to get the Taxpayer newsletter

Hey, it’s Franco.

Did you know that you can get the inside scoop right from my notebook each week? I’ll share hilarious and infuriating stories the media usually misses with you every week so you can hold politicians accountable.

You can sign up for the Taxpayer Update Newsletter now

Looks good!
Please enter a valid email address

We take data security and privacy seriously. Your information will be kept safe.