News Release: Property tax deferral remains a good option for cash-strapped senior homeowners
BC Seniors Advocate Dan Levitt encourages senior homeowners with affordability challenges to consider deferring their property taxes despite increases to the interest charges announced in Budget 2026. “The average deferred property tax amount in 2024/25 was $5,400 which is a lot of money for an older adult on a fixed income,” said Levitt. “Seniors who …