Tourism Accommodation and Commercial Recreation Relief Fund | Stream 1: Property tax relief for large accommodation providers

“British Columbia. Tourism, Arts and Culture”

SVG
SVG

$500,000.00

Maximum Eligible Amount

Tax Credit, Government Grant

Fund Type

The Tourism Accommodation and Commercial Recreation Relief Fund responds to the Tourism Task Force’s recommendation to provide relief from fixed costs like property taxes, BC Hydro fees and Crown tenure and park permit fees.

One-time grants to offset certain fixed costs are available for:

  • Large accommodation providers
  • Tourism-based commercial recreation businesses operating on Crown land or in BC Parks

To be eligible for this grant, businesses must:

  • Be majority-owned by one or more B.C. residents
  • Not owe any tax payments from before the 2020 tax year
  • Not have permanently ceased operations
    • Businesses that are seasonal or temporarily closed are eligible

You can only apply for one stream, even if you are eligible under multiple streams. Businesses with multiple locations can only receive one grant.

Stream 1: Property tax relief for large accommodation providers

Large accommodation providers can receive a grant to cover up to 25% of their 2021 property taxes, up to a maximum of $500,000.

For multi-use facilities, the grant amount will be calculated based on the proportion of property tax paid with respect to the accommodation



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