Rising values impact grant
Quoted from the article (online here):
Delta homeowners that have already received advance notice their property assessments have skyrocketed also stand to lose their homeowner grant. ...
Metro Vancouver, Delta Mayor Lois Jackson and Delta South MLA Vicki Huntington are all calling on Victoria to take action.
"A great many people are calling and writing about the shock they have just received," Huntington said of the letters from B.C. Assessment. "The province let this situation get out of control and they shouldn't make homeowners pay for an unnatural demand in the housing market. They will have to look at how to give some relief, especially to those seniors who have lost the homeowner grant."