Metro Vancouver calls for changes to ‘antiquated’ taxation system

BURNABY, B.C. — Vancouver-area politicians in a region hit hard by sky-rocketing property prices are urging their provincial counterparts to commit to changing the tax system during the election campaign.

The recommendation comes after the regional district of Metro Vancouver commissioned a report that says area homeowners pay a disproportionate share of property taxes compared with the rest of B.C.

The district is calling on candidates in the May 9 election to commit to changing taxes tied to property values, including the provincial home owner grant, property transfer tax and school property tax.

Board chair Greg Moore says in a statement that the taxation system is “antiquated” and leaves residents of the region paying more than their fair share.