Copyright © King's Printer,

Victoria, British Columbia, Canada

Licence

Disclaimer

Volume 69, No. 8

76/2026

The British Columbia Gazette,

Part II

May 5, 2026

B.C. Reg. 76/2026 , deposited May 5, 2026, under the LAND TAX DEFERMENT ACT [sections 8 and 9] and BUDGET MEASURES IMPLEMENTATION ACT, 2026 [section 96]. Ministerial Order M196/2026, dated May 5, 2026.

I, Brenda Bailey, Minister of Finance, order that, effective January 1, 2026, the Interest Rate Regulation, B.C. Reg. 75/2017, is amended as set out in the attached Schedule.

— B. BAILEY, Minister of Finance .

Schedule

1 The Interest Rate Regulation, B.C. Reg. 75/2017, is amended by adding the following section:

Interest for 2026 and subsequent years

(1) For the purposes of sections 8 (3.3) and 9 (7) of the Land Tax Deferment Act , the interest rate, during each successive 3-month period beginning on January 1, April 1, July 1 and October 1 in every year, is 2% above the prime lending rate of the principal banker to the government on the 15th day of the month immediately preceding the 3-month period.

(2) Interest must be

(

a) compounded monthly, and

(

b) calculated on the number of days since the last compounding of interest or, if no compounding has yet occurred, since the interest commencement date.

Index Page | Previous Regulation | Cumulative Index Page

Copyright © 2026: King's Printer, Victoria, British Columbia, Canada