We thank Coriolis Consulting Corp., in particular Jay Wollenberg, for assisting in the collection and analysis of some of the comparative data and for assisting in the preparation of the summary of the submissions. [...] Page 1 City of Vancouver Property Tax Policy Review EXECUTIVE SUMMARY The City of Vancouver established the Property Tax Policy Review Commission in response to concerns expressed by the business community about the impacts of the City’s taxation policies on the health of Vancouver’s economy. [...] Page 6 City of Vancouver Property Tax Policy Review 1.0 INTRODUCTION 1.1 Background and Mandate The City of Vancouver established the Property Tax Policy Review Commission in response to concerns expressed by the business community about the impacts of the City’s taxation policies on the health of Vancouver’s economy. [...] The work of the Commission is limited to a review of the taxes levied by the City of Vancouver and should not include property taxes collected by the City on behalf of other taxing authorities. [...] Page 10 City of Vancouver Property Tax Policy Review 2.0 THE CURRENT PROPERTY TAX SYSTEM IN THE CITY OF VANCOUVER This section describes the current property tax system in the City.