B.C. homeowner grant threshold raised to $1.65M

As real estate values continue to rise across the province, the B.C. government is raising the threshold for the homeowner grant to $1.65 million for 2018.

The move is meant to ensure that the same percentage of homes are eligible for the grant as in 2017, when the threshold was $1.6 million, according to a press release from the ministry of finance.

The government says almost every home in most B.C. communities is valued below the new threshold.

On the