Port Moody
All dollar amounts on this page are in Canadian dollars.
City introduction
Port Moody is located on the ancestral and unceded homelands of Coast Salish Peoples, including the kʷikʷəƛ̓əm (Kwikwetlem), səlilwətaɬ (Tsleil-Waututh), xʷməθkʷəy̓əm (Musqueam), Sḵwx̱wú7mesh (Squamish), q̓ic̓əy̓ (Katzie), qʼʷa:n̓ƛʼən̓ (Kwantlen), qiqéyt (Qayqayt), and Stó:lō (Sto:lo) Nations, who inhabited and stewarded the lands and waters around Port Moody Arm for thousands of years before European settlement.
The city is named for Colonel Richard Clement Moody of the Royal Engineers, whose sappers cleared a trail from New Westminster to Burrard Inlet in 1859. Port Moody's early settler history was dominated by two events, in the City's own telling: the 1858 Fraser Valley gold rush and the arrival of the first transcontinental train. Named the western terminus of the Canadian Pacific Railway in 1879, Port Moody received the first passenger train from Montreal on July 4, 1886 — before the terminus was extended west to the new city of Vancouver. Port Moody then grew as a resource industry town, with a deep-sea port, several sawmills, and two oil refineries, and was incorporated as a city in 1913. Many of its early wood-frame buildings survive and are protected as heritage landmarks.
Source: City of Port Moody — City of Port Moody, "Port Moody's History" (Heritage and History).
Combined chart
Port Moody property tax increase, Canada inflation, and Canadian dollar Real CEER, 2015–2026
Bars: City of Port Moody average residential property tax annual increase.
Lines: Canada inflation (Canada CPI annual average, Statistics Canada) and Canadian dollar Real CEER (Bank of Canada). CEER is on the separate right axis and is not a percentage.
- Line — Canada inflation (Statistics Canada CPI annual average)
- Line — Canadian dollar Real CEER — Bank of Canada, annual average of monthly values, total index (1999=100)
Data behind the chart
The data table below carries one row per year, in year order, with the tax increase, the inflation value and the CEER value for that year, or “No data” where a series has no verified figure.
| Year | City of Port Moody average residential 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) |
|---|---|---|---|
| 2015 | No data | 1.1% | 110.0 |
| 2016 | No data | 1.4% | 108.4 |
| 2017 | No data | 1.6% | 110.0 |
| 2018 | No data | 2.3% | 109.3 |
| 2019 | No data | 1.9% | 108.6 |
| 2020 | 1.61% | 0.7% | 108.0 |
| Year | City of Port Moody average residential 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) |
|---|---|---|---|
| 2021 | 3.55% | 3.4% | 113.0 |
| 2022 | 4.71% | 6.8% | 113.0 |
| 2023 | 9.26% | 3.9% | 108.4 |
| 2024 | 6.9% | 2.4% | 107.6 |
| 2025 | 5.71% | 2.1% | 104.9 |
| 2026 | 3.95% | No data | No data |
Sources for this chart:
- City of Port Moody property tax increase, 2020–2025: City of Port Moody — official publication
- City of Port Moody property tax increase, 2026: City of Port Moody — official publication
- Canada inflation, 2015–2025: Statistics Canada, Table 18-10-0005-01, CPI annual average. The 2026 annual average is not yet published.
- Canadian dollar Real CEER, 2015–2025: Bank of Canada, Valet series CEER_BROADM, total index (1999=100), source file; explainer, Canadian effective exchange rates. 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). CEER for 2026 is No data because the year is incomplete.
Housing property-tax historical trend
The trend uses one measure only: the average residential property tax increase in the City's adopted financial plans. Each row is the figure for that year on that one measure. A year with no verified figure on that measure is shown as No data.
| Year | Figure |
|---|---|
| 2015 | No data |
| 2016 | No data |
| 2017 | No data |
| 2018 | No data |
| 2019 | No data |
| 2020 | 1.61% |
| Year | Figure |
|---|---|
| 2021 | 3.55% |
| 2022 | 4.71% |
| 2023 | 9.26% |
| 2024 | 6.9% |
| 2025 | 5.71% |
| 2026 | 3.95% |
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 small, because the assessment base changes. Rate figures are therefore not used as the trend and are not mixed into the increase chart.
2026 mill rates, Residential class, per $1,000 of assessed value — City of Port Moody "Tax Facts & Figures" 2026 mill rates summary:
| Component | Rate per $1,000 |
|---|---|
| General Municipal | 1.61574 |
| Police | 0.70211 |
| Subtotal — General (as published) | 2.31785 |
| Asset Levy | 0.24678 |
| School | 1.12480 |
| TransLink (total) | 0.35860 |
| Metro Vancouver Regional District | 0.05637 |
| BC Assessment | 0.03810 |
| Municipal Finance Authority | 0.00020 |
Source: City of Port Moody, 2026 Mill Rates summary: http://www.portmoody.ca/media/tiabceqp/2026-mill-rates.pdf
Scope: the municipal portion is the General Municipal + Police subtotal (2.31785, as published) plus the City's Asset Levy (0.24678); School, TransLink, MVRD, BC Assessment and MFA are collected for other governments. The same rates are set out in the Annual Property Tax Rates Bylaw 2026, No. 3541 (adopted May 12, 2026).
Method
This trend uses one metric only, every year: the average residential property tax increase in the City's adopted financial plans.
Where a city publishes an increase as components, the components are recorded in the scope notes; a total is used only where the city itself publishes it.
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 this page
Bars are the Port Moody average residential property tax 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.
Tax rates per $1,000 are separate from the trend and are not charted.
Sources
- City of Port Moody introduction: City of Port Moody, "Port Moody's History" (Heritage and History)
- City of Port Moody: searched: City of Port Moody Past Budgets page; City news item Jan 2019 (
- City of Port Moody: official source
- City of Port Moody: official source
- Statistics Canada, Table 18-10-0005-01: CPI annual average
- Bank of Canada, Valet series CEER_BROADM: Real CEER source file
Back to British Columbia | Back to Home
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 Port Moody source before relying on a figure.