If you are deferring your property taxes, or are thinking about it, you need to be aware of the changes being made to the program by the Government of British Columbia. Starting in 2026 and for subsequent tax years, the interest will now be compounded. This means that every month you will be charged interest, and the next month that interest will have interest charged on it. Please look carefully at the information provided on gov.bc.ca using the link provided here .
