Financial Supports for Vancouver Island

Financial Supports available for Vancouver Island residents

Benefits, Subsidies, Tax Credits and Loan programs. Click the program name to go to that website with full qualification details.
NameTypeBenefit Up ToMin. AgeMax Annual IncomeOther Qualification
BC Hydro Crisis AssistanceBenefit$800 per yearAll agesNo MaxReceive disconnection notice and a qualifying life event
BC Housing Rebate for Accessible Home Adaptations (BC RAHA)Benefit$20000 lifetime maxAll ages$134,140Permanent disability or loss of ability in the home
Shelter Aid for Elderly Renters (SAFER)Benefit$652 per month60$40,000Lived in BC for 12 months+ and pay more than 30% gross income to rent
Old Age Security (OAS) 65-74Benefit$751.97 per month65$93,454 before reductions beginLived in Canada for 10+ years
Guaranteed Income Supplement (GIS)Benefit$1,123.17 per month65$22,800Receiving OAS
BC Seniors SupplementBenefit$99.30 per month65$22,800 (via GIS)Must be receiving GIS
Old Age Security (OAS) 75+Benefit$827.17 per month75$93,454 before reductions beginLived in Canada for 10+ years
Canada Disability BenefitBenefit$2400 per year18-65$23,000 before reductions beginMust qualify for the DTC
BC Rent BankLoanRent-based loan19Regional limits apply (BC Housing HILs)Several qualifications
Property Tax DefermentLoanDeferral of annual property tax at low interest rate55No MaxOr surviving spouse or person with disabilities. Min 25% equity in home
Fair PharmacareSubsidyUp to 100% coverage for lower income householdsAll agesNo MaxNA
Canadian Dental Care Plan (CDCP)SubsidyUp to 100% coverage for lower income householdsAll ages$69,999 per household before reductions beginMax annual household income $89999
Home Owner Grant (HOG)Subsidy$770 per yearAll agesNo MaxHome value less than $2,175,000
Home Owner Grant (HOG) AdditionSubsidy$275 per yearAll agesNo MaxSenior, Disabled or Veteran and Home value less than $2,175,000
BC Bus PassSubsidy$495 per year60$22,800 (via GIS or assistance)And one of: Spouse of PWD, Income Assistance, GIS for 65+
Home Renovation Tax CreditTax Credit$10000 per year tax creditAll agesNo MaxSenior or Disabled
Disability Tax Credit (DTC)Tax Credit$9435 per year tax creditAll agesNo MaxPWD designation
Canada Caregiver Tax CreditTax Credit$8,375 per year tax creditAll agesNo MaxCare for physical or mentally impaired dependent
Attendant Care Tax CreditTax Credit$10000 per year tax creditAll agesNo MaxEligible medical expenses
Persons with Disabilities (PWD) AssistanceBenefit$1,483.50 per month (single)18$16,200 earnings exemption (asset-tested)Persons with Disabilities (PWD) designation
CPP Disability BenefitBenefit$1,673.24 per month (max)18-64No MaxSevere & prolonged disability with sufficient CPP contributions
Medical Expense Tax Credit (METC)Tax Credit15% of eligible expenses (federal)All agesNo MaxEligible medical, attendant or nursing costs above 3% of net income
EI Caregiving BenefitsBenefit55% of earnings, up to $695/week18No Max600 EI insurable hours; caring for a critically ill or end-of-life family member
GST/HST CreditBenefitUp to ~$533 per year (single)19~$52,255 (single) before phase-outLow or modest income; file a tax return
HandyDART / Taxi SaverSubsidySubsidized fares (Taxi Saver 50%)All agesNo MaxRegistered; unable to use conventional transit due to disability

Pro-tip:

Together Against Poverty Society (TAPS) is a great local organization that provides a variety of assistance for people navigating BC social systems.

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