Kamloops property tax

Rates per $1,000 of taxable assessed value, residential (Class 1), from Province of BC Local Government Statistics Schedule 702. They match the City of Kamloops 2026 Tax Rate Summary (based on Tax Rates Bylaw No. 63-3,2026): Municipal 4.6500, BCAA 0.0381, MFA 0.0002, School 1.5977, TNRD 0.2537, TRHD 0.3138, Total 6.8535. The City states the 2026 property tax increase was 5.70%. Not included: utility charges (water, sewer, solid waste) and any local area service or parcel charges that apply only to some properties.

Rates as published for the residential class. Bills can also include fixed charges, local improvement levies and utility fees that are not based on assessed value.

Kamloops's total residential rate of 0.6854% is above the 0.4794% average of the 28 British Columbia municipalities we cover. A lower rate does not always mean a lower bill: tax = assessed value × rate, so cities with high home values often have lower rates.

Rates are the residential rates in each city's latest confirmed year. All British Columbia municipalities · National rankings

From Kamloops's official property tax pages (sources 11, 12, 13, 15, 16). Check your bill for the exact amounts and dates.

These programs are run by the city or the province. Eligibility is decided by the organization that runs each one; follow the links for the official rules.

• Home Owner Grant

  Provincial grant that reduces property tax on a principal residence; an application is required each year. The 2026 grant threshold is $2,075,000; the grant is reduced by $5 for each $1,000 of assessed value over the threshold. Unclaimed or late grants are treated as unpaid taxes and receive the 10% penalty. Run by Province of British Columbia (the City can no longer accept new or retroactive applications; apply to the Province).

• BC Property Tax Deferment Program

  Low-interest loan that pays annual property taxes on a principal residence for owners meeting provincial criteria (for example age 55 or older, surviving spouse, person with disabilities, or a parent supporting a child). For taxes deferred for 2026 and later years, compound interest is charged. Run by Province of British Columbia.

• Tax Installment Plan Service (TIPS)

  Optional monthly prepayment plan for next year's taxes: automatic withdrawals on the first business day on or after the 15th, July 15 to May 15 (up to 11). The City pays interest on deposits at 4% below the Bank of Canada prime lending rate, to a maximum of 1.5%. Current-year taxes must be paid in full to apply; returned payments cost $25. Run by City of Kamloops.

• Home owner grant

  The B.C. home owner grant reduces the property taxes owners pay on their principal residence. For 2026 the full grant is available on properties assessed at $2,075,000 or less, with a higher additional grant for seniors, veterans and people with disabilities.

• Low income grant supplement for seniors

  A B.C. supplement for low-income seniors whose home owner grant is reduced or eliminated because their home is assessed above the $2,075,000 grant threshold. Most recipients get a cheque for $845 ($1,045 in a northern or rural area) for 2026.

• Property tax deferment program

  B.C.'s property tax deferment program is a provincial loan that pays an eligible owner's current-year property taxes, secured by a lien on the home. Taxes deferred for 2026 and later carry compound interest at prime plus 2%, 6.45% throughout 2026.

• Speculation and vacancy tax (provincial) in force 2026

  The City of Kamloops is a taxable area for the Province of BC speculation and vacancy tax. 2026 rates: 1% of assessed value for Canadian citizens or permanent residents who are not untaxed worldwide earners; 3% for foreign owners and untaxed worldwide earners. Administered by the Province, not the City.

• B.C. speculation and vacancy tax

  The speculation and vacancy tax is an annual provincial tax on residential property in designated areas of B.C., based on how each owner used the property during the year and on the owner's residency and income. Every owner on title in a taxable area must declare by March 31, even when an exemption applies.