Vancouver

City introduction

Vancouver is a coastal city in British Columbia, on the Pacific coast of Canada. The City of Vancouver describes it as having a mild oceanic climate, which makes it one of Canada’s warmest cities, and it is bordered by Burrard Inlet, English Bay, the Fraser River, and the Strait of Georgia. Most streets follow a grid pattern, with numbered east-west avenues and named north-south streets.

The City’s own profile gives Vancouver’s size as 114 square kilometres and its population as 662,248 in the 2021 Census. It describes Vancouver as the largest city in British Columbia and the eighth largest municipality in Canada. It also notes that the city is highly diverse, with 52% of the population speaking a first language other than English, and that Stanley Park is one of the largest urban parks in North America.

The City of Vancouver states that it is located on the traditional, unceded territories of the xʷməθkʷəy̓əm (Musqueam), Sḵwx̱wú7mesh (Squamish), and səlilwətaɬ (Tsleil-Waututh) Peoples. Source: City of Vancouver, Our city: Vancouver.

Key figures

  • 114 km²Size, from the official City profile
  • 662,248Population, 2021 Census, from the official City profile
  • 0% (verified)2026 council-approved property tax increase
  • 10.7%2023 council-approved property tax increase, the highest in 2015–2026
0% (verified)2026 council-approved property tax increase
3.9%2025 council-approved property tax increase
662,248Population, 2021 Census
114 km²City size, official City profile

Combined chart

Vancouver property tax increase, Canada inflation, and Canadian dollar Real CEER, 2015–2026

Bars: City of Vancouver council-approved property tax annual increase. Lines: Canada inflation and Canadian dollar Real CEER. The left axis is a percentage axis shared by the bars and the inflation line. The right axis is a separate index axis for Canadian dollar Real CEER only.

  • ■ City of Vancouver council-approved property tax increase (%)
  • — Canada inflation — Statistics Canada CPI annual average (%)
  • — Canadian dollar Real CEER — Bank of Canada, annual average of monthly values, total index (1999=100)

Scope notes

Scope notes: A year shown as “No data” has no bar for property tax and no line point for that series. A missing year breaks a line: no line segment crosses a gap, and no value is interpolated. The 2026 property tax bar is 0% (verified) and sits at the zero line. Inflation for 2026 is not yet published as an annual average. Each Canadian dollar Real CEER value is the annual average of the 12 monthly total Real CEER values from the Bank of Canada (a computed annual average, not a figure the Bank publishes directly as an annual value). CEER is an index on a separate right axis and is not a percentage. CEER for 2026 is No data because the year is incomplete. The 2015 and 2016 figures shown are the adopted (council-approved) figures: 2015 is 2.4%, and the final Revised-Roll figure for 2015 was 2.46%, noted only and not used as a bar; 2016 is 2.3%, and the final Revised-Roll figure for 2016 was 2.02%, noted only and not used as a bar. The owner chose the adopted figures for consistency with the council-approved series. For 2017, 0.5% of the 3.9% increase was allocated to the fentanyl-crisis contingency reserve. For 2020, the 8.2% increase was composed of 3.5% + 2.4% + 2.3%. 2021: 5% (adopted, City of Vancouver Council Minutes, December 8 and 10, 2020).

Data behind the chart

How to add a new year: add one row to the data table below, in year order, with the three values or “No data” for a series. The chart reads this table, so the new year appears as a bar and/or line points, and the horizontal axis and chart title extend automatically. No other template change is needed, and no end year is hardcoded.

YearCity of Vancouver council-approved property tax increaseCanada inflation — Statistics Canada CPI annual averageCanadian dollar Real CEER — Bank of Canada, annual average of monthly values, total index (1999=100)
20152.4%1.1%110.0
20162.3%1.4%108.4
20173.9%1.6%110.0
20184.24%2.3%109.3
20194.5%1.9%108.6
20208.2%0.7%108.0
YearCity of Vancouver council-approved property tax increaseCanada inflation — Statistics Canada CPI annual averageCanadian dollar Real CEER — Bank of Canada, annual average of monthly values, total index (1999=100)
20215%3.4%113.0
20226.35%6.8%113.0
202310.7%3.9%108.4
20247.3%2.4%107.6
20253.9%2.1%104.9
20260% (verified)No dataNo data

Sources for this chart:

Housing property-tax historical trend

This trend uses one metric only, every year: the council-approved property tax increase. It does not mix in tax rates or whole-bill changes.

YearCouncil-approved property tax increase
20152.4%
20162.3%
20173.9%
20184.24%
20194.5%
20208.2%
YearCouncil-approved property tax increase
20215%
20226.35%
202310.7%
20247.3%
20253.9%
20260%

2026 is a 0% council-approved increase under the budget approved 2025-11-25.

Separate note — tax rates, not the trend

This note is separate from the trend above and is not part of it. A residential tax rate per $1,000 of assessed value can move even when the levy increase is 0%, because the assessment base changes. The rate figures sometimes shown for Vancouver (2024: $2.96818, 2025: $3.11827, 2026: $3.36394 total) are therefore not used as the trend and are not mixed into the increase chart.

Method

This trend uses one metric only, every year: the council-approved property tax increase. It does not mix in tax rates or whole-bill changes.

The 2015 and 2016 figures shown are the adopted (council-approved) figures; the final Revised-Roll figures (2015: 2.46%; 2016: 2.02%) are noted only and not used as bars.

Canada inflation is Statistics Canada, Table 18-10-0005-01, CPI annual average. Canadian dollar Real CEER is Bank of Canada, Valet series CEER_BROADM, total index (1999=100); each value is the annual average of the 12 monthly total Real CEER values (a computed annual average, not a figure the Bank publishes directly as an annual value).

How to read

Bars are the City of Vancouver council-approved property tax annual increase. Lines are Canada inflation and Canadian dollar Real CEER.

The left axis is a percentage axis shared by the bars and the inflation line. The right axis is a separate index axis for Canadian dollar Real CEER only. CEER is an index and is not a percentage.

A year shown as “No data” has no bar for property tax and no line point for that series, and a missing year breaks a line. The 2026 property tax bar is 0% (verified) and sits at the zero line.

Tax rates per $1,000 are separate from the trend and are not charted.

Sources

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This page is an independent guide. It is not a government site and it is not an official site. It is general information only and is not tax advice. Check the official City of Vancouver source before relying on a figure.