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Increase coming for homeowner grants in B.C.: finance minister

Jan 9, 2017 | 2:45 PM

KAMLOOPS, B.C. — British Columbia’s finance minister says the threshold to claim homeowner grants will be raised to help the tax burden on those whose property values have soared.

Mike de Jong wouldn’t say what the new ceiling would be for the grant, only that he’d have more to announce in the next few days.

Currently, the program offers a grant of $570 to those who own and live in homes with an assessed value of under $1.2 million.

De Jong says the government wants to make sure that as many families benefit from the grant as possible.