Taxation & Fees

Development Cost Comparison

When construction value exceeds $50,000, property developers must pay a Development Cost Charge (DCC) prior to obtaining a Building Permit. These fees are used to fund capital improvements to the sewer, water, drainage, and road infrastructure and the acquisition of parkland and open spaces.

The table and chart below displays a comparison between municipalities including local tax rate, development cost charges, and municipal charges using an example of a light industrial building; 10 acres of land, 50,000 square foot building. 

wdt_ID COMMUNITY LAND IMPROVEMENTS INDUSTRIAL TAX RATE DCC RATES (Per Sq Metre) TOTAL DCC TOTAL MUNICIPAL CHARGES
1 Chilliwack 5,500,000 2,611,000 5.47406 23.71 110,137 157,283.00
2 Abbotsford 7,100,000 2,611,000 6.3328 58.00 269,419 330,917.00
3 Maple Ridge 8,000,000 2,611,000 8.09360 22.83 106,049 191,930.00
4 Langley Township 8,000,000 2,611,000 5.14140 109.97 510,827 565,383.00
5 Delta 9,000,000 2,611,000 5.41990 33.85 157,238 225,088.00
6 Surrey 9,000,000 2,611,000 4.08598 76.93 357,352 404,794.00
7 Coquitlam 9,000,000 2,611,000 6.96990 44.00 204,387 285,314.00
COMMUNITY

Source: Province of British Columbia Municipal Tax Rates and Tax Burden, 2021 

Municipal Taxes

Business tax rates in the City of Chilliwack are less than neighbouring communities. Property tax rates are calculated by the City of Chilliwack. The City of Chilliwack also offers revitalization tax incentives.

wdt_ID Municipality Municipal Business Tax Rate
1 Abbotsford 7.9837
2 Chilliwack 6.5144
3 Coquitlam 8.1078
4 Kamloops 13.5900
5 Kelowna 7.5063
6 Langley 7.0413
7 Maple Ridge 8.0936

Source: Province of British Columbia Municipal Tax Rates and Tax Burden, 2021 

Federal and Provincial Corporate Taxes

Federal Net Tax Rate: 15%
For Canadian-controlled private corporations claiming the small business deduction, the net tax rate is 9%.

Provincial Tax Rate: 2% – 12%
The lower rate applies to the income eligible for the federal small business deduction. The higher rate applies to all other income.