Municipal Tax Rates
Overall tax rates in Nanaimo are lower than similar sized cities such as Prince George and Kamloops. Major and light industrial tax rates are significantly lower in Nanaimo than both Kamloops and Prince George.
All businesses operating in the city are required to have a valid business license. Fees vary depending on the type of business and licenses must be renewed annually. For more information, contact the Business Licensing section at www.nanaimo.ca.
The City’s Official Community Plan (OCP) provides direction on land use and development within the city boundaries. A complete copy of the OCP is available on the City’s website www.nanaimo.ca . The City charges fees to offset the cost of processing development applications, and to recover a portion of the cost of new development. A number of development review processes are required by the City, including: Development Permits, Building Permits, Development Variance Permits, Business Licenses and Land Use Changes, such as rezoning. Any proposed land use or development must be consistent with its OCP designation and meet zoning, other city bylaw and safety requirements. For more detailed information contact the City of Nanaimo Development Services Department www.nanaimo.ca
The City of Nanaimo provides incentives for development under a number of tax exemption and grant funding programs. Please note this is not an exhaustive list of grants available in the community and we encourage you to explore other available options.