Here are the top 25 grants and rebates for Vancouver and BC homeowners.

1. Top 25 grants and rebates for property buyers and owners
1 10
Home eligible for a rebate of 71.43% of Valley regional districts; CMHC Mortgage
Buyers’ the provincial portion of the HST, • an additional grant of $770 Loan Insurance
Plan up to $26,250 per unit. to rural homeowners else- Premium Refund
Qualifying where in the province; and Provides home buyers with
www.hstinbc.ca/making_your_
home buyers can • an additional grant of $275 to CMHC mortgage insurance, a
choice/faqs/new_housing_rebate
withdraw up to seniors aged 65+, those who 10% premium refund and possible
1.800.959.8287
$25,000 (couples are permanently disabled and extended amortization without sur-
can withdraw up war veterans of certain wars. charge when buyers purchase an
5
BC Property Transfer
to $50,000) from energy efficient mortgage or make
Tax (PTT) First Time BC Ministry of Small Business
their RRSPs for energy saving renovations.
Home Buyers’ Program and Revenue www.rev.gov.bc.ca/
a down payment.
Qualifying first-time buyers may hog or contact your municipal tax www.cmhc.ca/en/co/moloin/
Home buyers who have repaid
be exempt from paying the PTT of office. moloin_008.cfm#reno
their RRSP may be eligible to use
1% on the first $200,000 and 2% 604.731.5733
the program a second time.
8
on the remainder of the purchase BC Property Tax
11
Canada Revenue Agency www. price of a home priced up to Deferment Programs Energy Saving
cra.gc.ca Enter ‘Home Buyers’ $425,000. There is a proportional Mortgages
Plan’ in the search box. exemption for homes priced up to Property Tax Deferment Pro- Financial
1.800.959.8287 $450,000. gram for Seniors. Qualifying institutions offer a range of
home owners aged 55+ may be mortgages to home buyers and
2
BC Ministry of Small Business eligible to defer property taxes.
GST Rebate on New owners who make their homes
and Revenue www.sbr.gov.
Homes more energy efficient. For
bc.ca/business/Property_Taxes/ Financial Hardship Property
New home buyers can example, home owners who have
Property_Transfer_Tax/ptt.htm Tax Deferment Program. Quali-
apply for a rebate of the federal a home energy audit within 90
250.387.0604 fying low-income home owners
portion of the HST (the 5% GST) days of receiving an RBC Energy
may be eligible to defer property
if the purchase price is less than Saver™ Mortgage, may qualify
6
First-Time Home taxes.
$350,000. The rebate is up to 36% for a rebate of $300 to their RBC
Buyers’ Tax Credit
of the GST to a maximum rebate Property Tax Deferment account.
(HBTC)
of $6,300. There is a proportional Program for Families with
This federal non-refundable www.rbcroyalbank.com/products/
GST rebate for new homes costing Children. Qualifying low income
income tax credit is for qualify- mortgages/energy-saver-mortgage.
between $350,000 and $450,000. home owners who financially sup-
ing buyers of detached, attached, html
port children under age 18 may be
Canada Revenue Agency www. apartment condominiums, mobile 1.800.769.2511
eligible to defer property taxes.
cra.gc.ca Enter ‘RC4028’ in the homes or shares in a cooperative
12
search box. housing corporation. The calcula- BC Ministry of Small Business Low Interest
1.800.959.8287 tion: multiply the lowest personal and Revenue www.sbr.gov.bc.ca/ Renovation Loans
income tax rate for the year (15% individuals/Property_Taxes/Prop- Financial institu-
3
BC New Housing Rebate in 2011) x $5,000. For the 2011 erty_Tax_Deferment/ptd.htm tions offer ‘green’ loans for home
(HST) tax year, the maximum credit is owners making energy efficient
9
Buyers of new or $750. Canada Mortgage upgrades. Vancity’s Bright Ideas
substantially renovated homes and Housing personal loan offers home owners
Canada Revenue Agency www.
priced up to $525,000 are eligible (CMHC) Residential up to $20,000 at prime + 1% for
cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-
for a rebate of 71.43% of the Rehabilitation Assistance up to 10 years for ‘green’ renova-
tx/rtrn/cmpltng/ddctns/lns360-
provincial portion (7%) of the Program (RRAP) Grants. This tions. RBC’s Energy Saver loan
390/369/menu-eng.html
12% HST paid to a maximum federal program provides financial offers 1% off the interest rate for
1.800.959.8281
rebate of $26,250. Homes priced aid to qualifying low-income a fixed rate installment loan over
at $525,000+ are eligible for a flat home owners to repair substandard $5,000 or a $100 renovation on a
7
BC Home Owner Grant
rebate of $26,250. housing. Eligible repairs include home energy audit on a fixed rate
Reduces property
heating, structural, electrical, installment loan over $5,000.
www.hstinbc.ca/making_your_ taxes for home owners
plumbing and fire safety. Grants For information visit your finan-
choice/faqs/new_housing_rebate with an assessed value of up to
are available for seniors, persons cial institution.
1.800.959.8287 $1,285,000. The basic grant gives
with disabilities, owners of rental
home owners www.vancity.com/Loans/
properties and owners creating
4
BC New Rental Housing • a maximum reduction of $570 BrightIdeas and www.
secondary and garden suites.
Rebate (HST) in property taxes on principal rbcroyalbank.com/products/
Landlords buying new or residences in the Capital, www.cmhc-schl.gc.ca/en/co/ personalloans/energy-saver-loan.
substantially renovated homes are Greater Vancouver and Fraser prfinas/prfinas_001.cfm html
1.800.668.2642 | 604.873.7408 Continued on page two
1 Real Estate Board of Greater Vancouver • Updated February 6, 2012

2. Top 25 grants and rebates for property buyers and owners continued
13 17 21
LiveSmart BC Hydro City of Vancouver and co-operatives for projects
BC: Efficiency Windows Rebate Rain Barrel which focus on building renova-
Incentive Program Program Subsidy Program tions/retrofits, regulatory changes
Home owners improving the Pay no HST when you buy EN- The City of Vancouver provides that advance green building devel-
energy efficiency of their homes ERGY STAR high-performance a subsidy of 50% of the cost of a opment, and education to increase
may qualify for cash incentives windows and doors. rain barrel for Vancouver resi- the use of practical green building
through this provincial program dents. With the subsidy, the rain strategies. The deadline for ap-
www.bchydro.com/rebates_
provided in partnership with For- barrel costs $75. Buy your rain plications was January 23, 2012.
savings/windows_offers/current_
tisBC, BC Hydro, and FortisBC. barrel at the Transfer Station at If you are still interested in this
offers.htm
Rebates are for energy efficient 377 W. North Kent Ave., Vancou- grant open the link, and consider
604.759.2759 for a free in-home
products which replace gas and oil ver, BC. Limit of two per resident. contacting Vancity to express your
estimate.
furnaces, pumps, water heaters, Bring proof of residency. interest.
wood stoves, insulation, win-
18
BC Hydro Mail-in http://vancouver.ca/engsvcs/ www.vancity.com/MyCommunity/
dows, doors, skylights and more.
Rebates/Savings watersewers/water/conservation/ NotForProfit/Grants/
The LiveSmart BC program also
Coupons programs/rainbarrel.htm ActingOnClimateChange/
covers $150 of the cost of a home
To save energy, BC Hydro offers 604.736.2250 GreenBuildingGrant
energy assessment, directly to the
rebates including 10% off an Other municipalities have similar 604.877.7000
service provider.
ENERGY STAR cordless phone. offers.
24
www.livesmartbc.ca/rebates Check for new offers and for Local Government
22
1.866.430.8765 deadlines. City of Vancouver Water
Greenest City 2020 Conservation
14
www.bchydro.com/rebates_
BC Residential Pilot Home Energy Incentives
savings/coupons.html
Energy Credit Loan Program Your municipality may provide
1.800.224.9376
Home owners and The City of Vancouver in coop- grants and incentives to residents
residential landlords buying heat- eration with Vancity, FortisBC, to help save water. For example,
19
FortisBC Rebate
ing fuel receive a BC government BC Hydro and Natural Resources the City of Coquitlam offers resi-
Program
point-of-sale rebate on utility bills Canada offers access to loans for dents a $100 rebate and the City of
A range of rebates
equal to the provincial component energy retrofits including heat- North Vancouver, District of North
for home owners include a $50
of the HST. ing systems, insulation and air Vancouver, and District of West
rebate for upgrading a hot water
sealing. The Home Energy Loan Vancouver offer a $50 rebate when
www.sbr.gov.bc.ca/business/ tank, $300 rebate on an Ener-
from Vancity is a 12 month pilot residents install a low-flush toilet.
consumer_taxes/residential_ Choice fireplace and a $1,000
program that will end October 21, Visit your municipality’s website
energy/residential_energy.htm rebate for switching to natural
2012. For more information attend and enter ‘toilet rebate’ to see if
1.877.388.4440 gas (from oil or propane) and
a workshop (see third link below). there is a program.
installing an ENERGY STAR
The goal is 500 homes and loans
15 25
BC Hydro heating system.
are offered at 4.5% fixed rate over Local Government
Appliance Rebates
www.fortisbc.com/NaturalGas/ 10 years. The program also helps Water Meter
Mail-in rebates for
Homes/Offers/Pages/default.aspx with accessing grants from the Programs
purchasers of ENERGY STAR
1.888.224.2710 federal ecoENERGY program, the Your municipality may provide
clothes washers, refrigerators,
provincial LiveSmart BC program a program for voluntary water
dishwashers, or freezers.
20
FortisBC Efficient and FortisBC. metering, so that you pay only for
www.bchydro.com/rebates_ Boiler Program the amount of water that you use.
www.vancouver.ca/energyloan
savings/appliance_rebates.html For commercial Delta, Richmond and Surrey have
and www.vancity.com/Loans/
1.800.224.9376 buildings, provides a cash rebate programs and other municipali-
homeenergy and http://energyloan.
of up to 75% of the purchase price ties may soon follow. Visit your
eventbrite.com
16
BC Hydro Fridge of an energy efficient boiler, for municipality’s website and enter
Email: energyloan@vancouver.ca
Buy-Back Program new construction or retrofits. ‘water meter’ to find out if there is
604.374.0507.
This ongoing pro- a program.
www.fortisbc.com/NaturalGas/
23
gram rebates BC Hydro custom-
Business/Offers/Pages/default. Vancity Green
ers $30 to turn in spare fridges in
aspx Building Grant
working condition.
1.888.477.0777 In partnership with
www.bchydro.com/rebates_ the Real Estate Foundation of
savings/fridge_buy_back.html BC, Vancity provides grants up to
604.881.4357 $50,000 each to qualifying chari-
ties, not-for-profit organizations
Real Estate Board of Greater Vancouver • Updated February 6, 2012 2