News

BC Assessment makes presentation to Council

Posted on Jul 27, 2019 in News Article

FORT ST. JOHN, B.C. – Scott Sitter, Assessor of the Northern B.C. Region for BC Assessment made a presentation on the Basics of Assessment to Council.

In the presentation Sitter explained the formula in which BC Assessment formulates their values they use in assessments of properties.

In 1974 British Columbia became a Crown Corporation in which chang...

BC Assessment's 'best use' formula is killing Burnaby businesses

Posted on Feb 03, 2019 in News Article

Each month in this column I write about a topic which is important to local businesses and top of mind at the Burnaby Board of Trade.

Lately, there is nothing that’s been getting our members talking more than the release of BC Assessment’s property valuations for 2019 and what they might mean for property taxes.

For homeowners, getting your property...

Sea to Sky Fraser Valley homes have biggest B.C. Assessment gains

Posted on Jan 04, 2019 in News Article

The assessment authority, this week, started mailing 2019 property assessments to owners, based on market values as of July 1, 2018, which show declining values in Metro Vancouver for the first time in about a decade.

Assessments offer a bit of a “backward look” at changes in markets, said demographer Andy Yan, director of the City Program at Simon...

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