Port Land Valuation Regulation

B.C. Reg. 304/2010
O.C. 635/2010

Deposited October 21, 2010

This consolidation is current to February 3, 2026.

Link to consolidated regulation (PDF)

Link to Point in Time

Assessment Act

Port Land Valuation Regulation

[Last amended December 15, 2025 by B.C. Reg. 231/2025]

Contents
	1	Definition
	2	Interpretation of Schedule
	3	Designated port land and actual value for 2026 taxation year
	4	Actual value for taxation years subsequent to 2026
Schedule

Definition

1 In this regulation, "Act" means the Assessment Act.

Interpretation of Schedule

2 In the Schedule,

(a) an assessment roll number set out in Column 1 of the Schedule is the number on the assessment roll prepared by the British Columbia Assessment Authority for the 2026 taxation year, as at December 31, 2025, and

(b) Repealed. [B.C. Reg. 328/2012, s. 1 (b).]

(c) the municipality and terminal names set out in Columns 3 and 4 of the Schedule are listed for ease of reference only and do not affect the designation by assessment roll number.

[am. B.C. Regs. 343/2010, s. 1; 328/2012, s. 1; 256/2013, s. 1; 244/2014, s. 1; 242/2015, s. 1; 280/2016, s. 1; 235/2017, s. 1; 263/2018, s. 1; 266/2019, s. 1; 276/2020, s. 1; 319/2021, s. 1; 233/2022, s. 1; 273/2023, s. 1; 276/2024, s. 1; 231/2025, s. 1.]

Designated port land and actual value for 2026 taxation year

3 (1) The land identified by the assessment roll numbers listed in Column 1 of the Schedule is designated for the purposes of section 20.3 [special valuation rules for designated port land] of the Act.

(2) The actual value of designated port land listed in Column 1 is, for the 2026 taxation year, the amount set out opposite in Column 2 of the Schedule.

[am. B.C. Regs. 343/2010, s. 2; 328/2012, s. 2; 256/2013, s. 2; 244/2014, s. 2; 242/2015, s. 2; 280/2016, s. 2; 235/2017, s. 2; 263/2018, s. 2; 266/2019, s. 2; 276/2020, s. 2; 319/2021, s. 2; 233/2022, s. 2; 273/2023, s. 2; 276/2024, s. 2; 231/2025, s. 2.]

Actual value for taxation years subsequent to 2026

4 (1) In this section, "consumer price index" means the All-Items Consumer Price Index (Not Seasonally Adjusted) for British Columbia, published by Statistics Canada.

(2) For taxation years subsequent to the 2026 taxation year, the actual value of designated port land for a taxation year is the actual value determined by the following formula:

actual value = previous actual value x (1 + inflation adjustment)

where
previous actual value	=	the actual value of the designated port land as set out in the assessment roll for the previous taxation year;
inflation adjustment	=	one percentage point above the percentage change in the consumer price index for July of the year in which the assessment roll is completed from July of the previous year.

Schedule

[en. B.C. Reg. 231/2025, s. 3.]

Assessment Roll Designation and Actual Value
for the 2026 Taxation Year

Item	Column 1 Assessment Roll Number	Column 2 Actual Value for 2026 Taxation Year	Column 3 Municipality	Column 4 Terminal Name
1	09-200-028-561-192-30-2003	$84 069 356	City of Vancouver	DP World Canada (Centerm)
2	09-200-028-561-226-34-4015	$9 683 561	City of Vancouver	Alliance Grain Terml (Agricore)
3	09-200-028-561-230-30-4050	$62 132 064	City of Vancouver	GCT Canada (Vanterm)
4	09-200-028-561-250-76-4014	$11 433 554	City of Vancouver	Viterra (Pacific Elevators)
5	09-200-028-561-275-40-4050	$16 350 084	City of Vancouver	Cascadia
6	08-221-178077.000	$18 232 685	City of North Vancouver	Richardson International
7	08-221-178080.000	$11 100 985	City of North Vancouver	Cargill Limited
8	08-221-178087.000	$19 911 334	City of North Vancouver	G3 (Western Stevedoring)
9	08-221-178087.001	$4 607 549	City of North Vancouver	G3 (Western Stevedoring)
10	08-221-178088.000	$32 104 407	City of North Vancouver	Neptune Bulk Terminals
11	08-221-178101.000	$645 205	City of North Vancouver	SSA Marine Canada Ltd.
12	08-221-178102.000	$222 874	City of North Vancouver	SSA Marine Canada Ltd.
13	10-225-05575-000	$15 809 036	City of Port Moody	Pacific Coast Terminals
14	25-227-9000606.010	$6 733 835	City of Prince Rupert	Prince Rupert Grain
15	25-227-9000606.200	$25 399 995	City of Prince Rupert	Trigon Pacific Terminals
16	25-227-9000004.010	$12 761 740	City of Prince Rupert	DP World PR (Fairview)
17	25-227-9000077.015	$1 306 069	City of Prince Rupert	Pinnacle Renewable Res.
18	11-306-D-410-031-07-0	$60 302 271	Corporation of Delta	Westshore
19	11-306-D-499-100-10-0	$79 223 086	Corporation of Delta	GCT Canada (Deltaport)
20	11-306-D-900-300-00-1	$373 549	Corporation of Delta	DP World Fraser Surrey Docks
21	08-316-010-1750-5030-9	$1 881 836	District of North Vancouver	Fibreco
22	08-316-010-1750-5010-4	$33 304 701	District of North Vancouver	Fibreco
23	08-316-100-6000-0020-6	$103 182	District of North Vancouver	G3 (Western Stevedoring)
24	08-316-090-0111-6000-4	$23 275 736	District of North Vancouver	SSA Marine Canada Ltd.
25	08-316-090-0111-6001-2	$399 417	District of North Vancouver	SSA Marine Canada Ltd.
26	08-316-090-0111-6010-1	$6 167 869	District of North Vancouver	Univar Solutions Canada
27	08-316-090-1000-0000-2	$303 689	District of North Vancouver	Neptune Bulk Terminals #2
28	08-316-010-0122-7410-0	$36 821 545	District of North Vancouver	PKM Canada Marine Terminal LP
29	08-328-11-0253-000-000	$498 266	City of West Vancouver	PKM Canada Marine Terminal LP
30	14-326-3340-97102-X	$35 122 824	City of Surrey	DP World Fraser Surrey Docks
31	08-338-500-0000268.000	$7 128 292	District of Squamish	Squamish Terminal
32	11-306-D-500-003-10-0	$36 014 125	Corporation of Delta	WWL Delta
33	11-306-D-700-008-26-0	$3 119 570	Corporation of Delta	WWL Delta
34	14-326-3340-97203-5	$4 213 949	City of Surrey	Fraser Grain Terminal
35	25-340-46408.641	$475 266	District of Stewart	Stewart World Port
36	25-340-00626.000	$240 379	District of Stewart	Stewart World Port
37	25-340-46408.470	$94 033	District of Stewart	Stewart World Port
38	25-340-46408.922	$113 419	District of Stewart	Stewart World Port

[Provisions relevant to the enactment of this regulation: Assessment Act, R.S.B.C. 1996, c. 20, s. 20.3.]