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'That's going to hurt them': Property tax deferral program change impacts some seniors
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'That's going to hurt them': Property tax deferral program change impacts some seniors
The province’s property tax deferment program is changing its formula starting in July, which would result in higher interest for homeowners using the program. Myrna and Dave Rouse have to make a decision soon. The couple owns their home and has been participating in B.C.’s property tax deferment program for the last five years. The loan program allows eligible homeowners to defer paying their annual property taxes until a later date, with inter…
·Victoria, Canada
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