Most Land Title and Survey Authority of British Columbia (LTSA) services fees will increase by two percent as of April 1, 2020. The LTSA uses revenue from fee increases to address the impact of inflation on operations.
Under the LTSA’s Operating Agreement with the Province, the LTSA may increase its services fees annually by the adjusted Consumer Price Index (CPI) amount. The LTSA reviews the need for a CPI increase annually, yet the process may not always result in a fee change. The previous fee increase took effect in 2015 which accounts for the eight percent change in 2019.
For Land Title Act services, the fee increase will only be applied to the LTSA’s portion of fees, resulting in a smaller net increase overall. Land Title Act service fees are payable to the LTSA and remitted to both the LTSA and the Province. Services established under the Land Act, Mineral Tenure Act, and Oil and Gas Activities Act will increase by two percent.
View current LTSA fees and projected fees as of April 1, 2020.
As a regulated, not-for-profit statutory authority, the LTSA reinvests cash from operations to continually add value both in the public interest and for our customers. Since its creation in 2005, the LTSA has invested $81 million (as at December 31, 2019) 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.