Property Taxes

The City of Coquitlam relies on property tax revenue to provide needed services such as police protection, fire/rescue response, road maintenance, recreation and cultural services, programs and events, parks and trails, and more. For information regarding the 2022 Financial Plan and a summary of what we heard as part of the 2022 Citizen Budget Survey, please visit coquitlam.ca/financialplan.

Charges from Province of British Columbia

On your Property Tax Bill, approximately 40% of a typical residential property tax bill is collected on behalf of other agencies that are outside the City’s budget control:

  • Province of BC
  • TransLink
  • Metro Vancouver
  • BC Assessment

These taxing authorities determine the amounts payable and the City collects on their behalf.

Approximately 40% of a typical residential property tax bill is collected on behalf of other agencies that are outside the City’s budget control.

  1. Relationship Between Property Assessments & Tax Rates

How Property Assessment Changes Impact Your Municipal Taxes

The 2022 assessed value for residential properties in Coquitlam went up by approximately 20% on average.  While your property value may have increased, this does not necessarily mean you will pay more taxes in 2022.  

How the value of your property changes in comparison to the average for other residential properties in Coquitlam impacts the amount of tax you will pay on your property.

Graphic of 2022 Property Value Increases Opens in new window

  1. Assessment
  1. Municipal Property Tax Rates
  1. Permissive Tax Exemptions
  1. Tax Deferment
  1. Annual Property Tax Sale
  1. Frequently Asked Question