Metro Vancouver announces property tax increase for 2026
Posted November 1, 2025 11:52 am.
The Metro Vancouver Board has approved its budget for 2026, and property taxes are on the way up.
The average household will see rates increase by 2.5 per cent over the previous year, the board says.
“We understand the pressure residents are feeling from rising costs. We’ve taken action to protect affordability while continuing to deliver the high-quality services residents rely on every day,” said Mike Hurley, chair of the Metro Vancouver Boards.
“Through a services and cost efficiencies review undertaken in the spring, we identified more than $360 million in operational savings over the next five years, substantially reducing costs for ratepayers across the region.”
It adds that it continues to reprioritize projects and programs, which has resulted in $650 million in deferred costs and savings.
On average, households will pay $897 next year, which covers water, sewer, and waste services.
The board’s expenditures have come under criticism as of late, given the explosion in the cost of the North Shore Wastewater Treatment Plant, high salaries, and travel expenses.
BC Conservative Party Leader John Rustad has suggested he would get rid of the board if he becomes premier.
— WIth files from Renee Bernard.
