Removal of portion of B.C. homeowner grant expected to equate to 8 per cent tax increase

KAMLOOPS — With the latest provincial budget now well combed through, the City of Kamloops is warning residents of potential impacts.

Several changes are set to effect in the community, including the removal of the homeowner grant boost for residents living in the Interior and north of the province.

“Effective July of next year, 2027, the additional ($200) homeowner grant will be removed from your taxation piece,” said Director of Corporate Services David Hallinan. “Early estimates indicate that will be about an 8 per cent tax increase, of which none of it is the responsibility of local government.”