Major Industrial Property Taxation
The subject of municipal property taxes on major industrial properties (class 4 properties under BC's Assessment Act) has been under consideration by a Provincial-UBCM-industry Steering Committee since 2010. The Final Report of the Steering Committee is provided below.
In addition, UBCM and the Province have undertaken a study of the impact that municipal taxation has on significant business decisions of major industrial enterprises, which is also provided below, along with webinar materials related to the study.
- Major Industrial Properties Steering Committee Final Report [PDF - 315 KB]
The Major Industrial Properties Steering Committee (the Committee) was formed in early 2010, with a mandate to develop options and recommendations in keeping with the project purpose of providing tools to help achieve healthy, sustainable communities with healthy, sustainable industry. Its work was focused primarily on municipal property taxation of major industrial properties, although some ancillary issues, such as assessment of these properties and more broadly based local government property tax and revenue matters were also discussed.
- Major Industrial Property Taxation Impacts Study [PDF - 6.1 MB]
A study entitled Major Industrial Property Taxation Impacts was undertaken for the Union of BC Municipalities and Ministry of Community, Sport and Cultural Development. The study assesses the impact of property taxation on business decision making related to major industrial facilities.
- Webinar - Major Industrial Property Taxation Impacts Study
On July 10, 2012, UBCM hosted a webinar to review the findings of the Major Industrial Property Taxation Impacts study in advance of its release. You can access an audio file of the presentation and the supporting slides by clicking on the link above. Please note that you are required to sign into the website to gain access to the webinar recording.
- Powerpoint Slides from the Major Industrial Property Taxation Impacts Study Webinar