Report - Property Tax Policy Review – Phase I - April 24, 2024
In April 2023, Council directed staff to convene a property tax policy review to assess the City’s property tax policy, efficacy of mitigation tools (targeted averaging, development potential relief, etc.), tax share approach, and other relevant metrics to gauge Vancouver’s business climate and competitiveness relative to our neighboring municipalities. In November 2023, Council further approved the revised Terms of Reference for the Property Tax Policy Review (Appendix A), to be undertaken in two phases. Phase I – “Tax Distribution” work was to be delivered in time to inform Council’s deliberation on the 2024 tax distribution. The purpose of this report is to present to Council the work undertaken by Ernst & Young LLP (“EY”) on the Property Tax Policy Review – Phase I. As summarized in their report (Appendix B), EY examined a portfolio of non-residential and residential metrics and recent economic development since the COVID-19 pandemic, and concluded that there is no compelling evidence that warrants a tax shift between non-residential and residential property classes at this time. Recent economic development has presented financial challenges to households and businesses, and both have limited capacity to absorb further property tax increases arising from a tax shift. The City’s expert advisors, who led the previous property tax policy review commission work (“Expert Advisors”), agree that there is no compelling evidence to warrant a tax shift between non-residential and residential property classes at this time. Their conclusion is based on their own analysis and the metrics in the EY report.
Datasets available for download
Additional Info
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| Last Updated | September 3, 2025, 17:21 (UTC) |
| Created | September 3, 2025, 17:21 (UTC) |
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Domain / Topic
Domain or topic of the dataset being cataloged.
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Property and Development |
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Title
Title for the Dataset.
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Report - Property Tax Policy Review – Phase I - April 24, 2024 |
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Description
A description of the dataset.
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In April 2023, Council directed staff to convene a property tax policy review to assess the City’s property tax policy, efficacy of mitigation tools (targeted averaging, development potential relief, etc.), tax share approach, and other relevant metrics to gauge Vancouver’s business climate and competitiveness relative to our neighboring municipalities. In November 2023, Council further approved the revised Terms of Reference for the Property Tax Policy Review (Appendix A), to be undertaken in two phases. Phase I – “Tax Distribution” work was to be delivered in time to inform Council’s deliberation on the 2024 tax distribution. The purpose of this report is to present to Council the work undertaken by Ernst & Young LLP (“EY”) on the Property Tax Policy Review – Phase I. As summarized in their report (Appendix B), EY examined a portfolio of non-residential and residential metrics and recent economic development since the COVID-19 pandemic, and concluded that there is no compelling evidence that warrants a tax shift between non-residential and residential property classes at this time. Recent economic development has presented financial challenges to households and businesses, and both have limited capacity to absorb further property tax increases arising from a tax shift. The City’s expert advisors, who led the previous property tax policy review commission work (“Expert Advisors”), agree that there is no compelling evidence to warrant a tax shift between non-residential and residential property classes at this time. Their conclusion is based on their own analysis and the metrics in the EY report. |
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Keywords/tags categorizing the dataset.
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Format (CSV, XLS, TXT, PDF, etc)
File format of the dataset.
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Dataset Size
Dataset size in megabytes.
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Metadata Identifier
Metadata identifier – can be used as the unique identifier for catalogue entry
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https://council.vancouver.ca/20240424/documents/cfsc1.pdf |
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Published Date
Published date of the dataset.
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2024-04-25 |
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Time Period Data Span (start date)
Start date of the data in the dataset.
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Time Period Data Span (end date)
End date of time data in the dataset.
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GeoSpatial Area Data Span
A spatial region or named place the dataset covers.
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Vancouver |
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Access category
Type of access granted for the dataset (open, closed, service, etc).
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Open |
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License
License used to access the dataset.
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Open Government Licence – Vancouver |
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Limits on use
Limits on use of data.
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Location
Location of the dataset.
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https://council.vancouver.ca/20240424/documents/cfsc1.pdf |
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Data Service
Data service for accessing a dataset.
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Owner
Owner of the dataset.
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Contact Point
Who to contact regarding access?
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Contact Point Email
The email to contact regarding access?
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Publisher
Publisher of the dataset.
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Publisher Email
Email of the publisher.
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Author
Author of the dataset.
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Author Email
Email of the author.
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Accessed At
Date the data and metadata was accessed.
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2025-09-03 |
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Identifier
Unique identifier for the dataset.
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/20240424/documents/cfsc1.pdf |
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Language
Language(s) of the dataset
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English |
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Link to dataset description
A URL to an external document describing the dataset.
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Persistent Identifier
Data is identified by a persistent identifier.
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Yes |
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Globally Unique Identifier
Data is identified by a persistent and globally unique identifier.
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Yes |
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Contains data about individuals
Does the data hold data about individuals?
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No |
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Contains data about identifiable individuals
Does the data hold identifiable data about individual?
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No |
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Contains Indigenous Data
Does the data hold data about Indigenous communities?
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No |
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Portal Type
Platform type of the source portal.
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Version
Version of the datatset
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Source
Source of the dataset.
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https://council.vancouver.ca/20240424/documents/cfsc1.pdf |
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Version notes
Version notes about the dataset.
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Is version of another dataset
Link to dataset that it is a version of.
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Other versions
Link to datasets that are versions of it.
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Provenance Text
Provenance Text of the data.
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Provenance URL
Provenance URL of the data.
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Temporal resolution
Describes how granular the date/time data in the dataset is.
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GeoSpatial resolution in meters
Describes how granular (in meters) geospatial data is in the dataset.
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GeoSpatial resolution (in regions)
Describes how granular (in regions) geospatial data is in the dataset.
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Indigenous Community Permission
Who holds the Indigenous Community Permission. Who to contact regarding access to a dataset that has data about Indigenous communities.
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Community Permission
Community permission (who gave permission).
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The Indigenous communities the dataset is about
Indigenous communities from which data is derived.
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Number of data rows
If tabular dataset, total number of rows.
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Number of data columns
If tabular dataset, total number of unique columns.
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Number of data cells
If tabular dataset, total number of cells with data.
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Number of data relations
If RDF dataset, total number of triples.
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Number of entities
If RDF dataset, total number of entities.
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Number of data properties
If RDF dataset, total number of unique properties used by the triples.
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Data quality
Describes the quality of the data in the dataset.
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Metric for data quality
A metric used to measure the quality of the data, such as missing values or invalid formats.
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