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Canadian DisabilitySpecialists
Housing

At a glance

Worth:
loan at low rate vs equity
Who:
Lets eligible BC homeowners defer current-year property taxes as a low-interest loan registered against the home, repayable when the home is sold/transferred.

What it could be worth

Amount

loan at low rate vs equity

How it benefits you

  • Lets eligible BC homeowners defer current-year property taxes as a low-interest loan registered against the home, repayable when the home is sold/transferred.

What you need to qualify or apply

Eligibility

  • Lets eligible BC homeowners defer current-year property taxes as a low-interest loan registered against the home, repayable when the home is sold/transferred.

How to apply

  1. Interest rates (revised semi-annually; terms changed for 2026+ taxation years): 2026 taxation years onward: Regular = prime + 2% (6.45% at current prime 4.45%); Families = prime + 2%
  2. 2025 and earlier taxation years (deferred balances): Regular = prime − 2% (2.45%); Families = prime (4.

Read more from the official source

Amounts & rules verified Aug 22, 2026

Official program page ↗

Amounts and rules can change — always confirm on the official source before applying.

This page is general information, not a CRA or provincial determination — amounts and rules can change. Not sure where you stand? The free benefits check walks you through it, or a Registered Social Worker can review your full situation.