Municipal Tax Rates
Overall tax rates in Nanaimo are lower than similar sized cities such as Prince George and Kamloops. For residential and Busines class Nanaimo’s tax rate was below Prince George but above Kamloops. Major and light industrial tax rates are significantly lower in Nanaimo than both Kamloops and Prince George.
All businesses in the city are required to have a valid business license. Fees vary depending on the type of business. For more information, contact the Business Licensing section at 250-755-4482 or http://www.nanaimo.ca/
The City of Nanaimo regulates land use and development within the city boundaries. The City charges fees to offset the cost of processing development applications, and to recover a portion of the cost of new development. For more details on Development Fees call the Development Services Department at 250-755-4429 or visit the City of Nanaimo website at 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.