Most Land Title and Survey Authority of British Columbia (LTSA) services fees will increase by a small amount as of April 1, 2022. LTSA uses revenue from fee increases to address the impact of inflation on operations.
Under the LTSA’s Operating Agreement with the Province, LTSA may increase its service fees under the Land Title Act, Land Act, Mineral Tenure Act, and Oil and Gas Activities Act annually by the adjusted Consumer Price Index (CPI) amount (calculated this year to be three percent). LTSA reviews the need for a CPI increase annually, yet the process may not always result in a fee change. The previous fee increase of one percent took effect in 2021.
Land Title Act service fees are payable to LTSA and remitted to both LTSA and the Province. For Land Title Act services, the fee increase will only be applied to LTSA’s portion of fees, resulting in a net increase of 1.4% to the overall customer fee. The myLTSA service charges and other LTSA administrative fees will increase by approximately five percent. View current LTSA fees and projected fees as of April 1, 2022.
As a regulated, not-for-profit statutory authority, LTSA reinvests cash from operations to continually add value in the public interest. Since its creation in 2005, LTSA has invested $104 million (as at March 31, 2021) to maintain operational excellence and leverage technology and other innovations to become one of the top performing land title and survey systems in the world.
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