Terrace, British Columbia
Terrace is a city of 12,017 that serves 75,000, and it is one of the few BC towns that prints the answer twice over: its annual report names its ten principal corporate taxpayers and what each paid, and its tax exemption bylaws name the registered owner and PID of every exempt parcel — which is how you learn that Fisherman's Park is Canadian National Railway freehold leased to the City. The sawmill and pellet plant on Highway 16 were bought out of receivership by the Kitsumkalum First Nation for $14.05 million in April 2024, and the $633-million Ksyen Regional Hospital opened in November 2024 on Tetrault Street.
8 buildings · 7 with an owner established · 19 sources · 8 tier A · prepared 2026-10-03
Can you find out who owns it?
Ownership in Terrace is public but priced, and the City fills part of the gap itself. British Columbia's land title register is run by the Land Title and Survey Authority and anyone may search it, but every search is a paid transaction: the LTSA Customer Fee Listing current at 1 April 2026 prices a title search at $11.06. There is no bulk owner product and no price-paid file; the province publishes only monthly counts and aggregate fair market value by municipality. The free half of the system is the Land Owner Transparency Registry — filings required from 30 November 2020, search open since 30 April 2021, the deadline for pre-existing interests 30 November 2022 — which names the individuals behind corporations, trusts and partnerships holding BC land; a search under section 35 of the Land Owner Transparency Act is priced NIL on the same schedule. It is used here to establish which entity holds an asset, never as a source of names to publish. Terrace appears on LTSA's Tax Certificates Online table at $105.26. What makes this city unusually readable is its own paperwork: tax exemption bylaws 2176-2019 and 2177-2019 list each exempt parcel with its folio, legal description, PID and the words "registered under the name of", and the annual report publishes a Principal Corporate Taxpayers table with a dollar figure against each company. Between them they name a railway, a private numbered-company landlord, an airport society and the City itself as owners of specific addresses, at no charge.
Is ownership public?Public, but one paid search at a time
Cost of one title search$11.06 per title search (LTSA Customer Fee Listing, fees as at April 1, 2026). A search of publicly accessible information under section 35 of the Land Owner Transparency Act is priced NIL on the same schedule. On LTSA's Tax Certificates Online table, fees as at April 1, 2026, Terrace, City is $105.26.
Bulk ownership dataNone published
Sale pricesAggregates only — no individual sales
Sites that forbid taking their data
- bcassessment.ca — “Any commercial use of these data in whole or in part, directly or indirectly, including the use of such data for business, residential address or telephone directory services or any solicitation service is specifically prohibited except with the prior written authority of the owner of the copyright.”
1
The marquee buildings
The towers that set the tone of the core, and who holds them. A price is the price a document states, on the date it states — not an estimate of what the building is worth now.
| Building | Use | Owner | Owner type | Last price paid |
|---|---|---|---|---|
| Skeena Sawmills and the Skeena Bioenergy pellet plant 5330 Highway 16 137.76 million board feet of lumber and 77,620 tonnes of pellets a year |
Industrial | Kitsumkalum First Nation Reporting on the court order states the Kitsumkalum First Nation "has purchased Skeena Sawmills, the Skeena Bioenergy pellet plant and all relevant assets in a complex sales agreement set out in an April 16 B.C. Supreme Court order", that the $14.05 million purchase took effect 30 April 2024, that Justice Paul Walker found the agreement with receiver Alvarez & Marsal commercially reasonable, and that the previous owners had put more than $135 million into the operations before closing them. The province's facility inventory still records mill 183 at 5330 Hwy 16 under the name Skeena Bioenergy Ltd., status Op, at 137.76 million board feet and 77,620 tonnes. |
Government | CAD $14,050,000 2024-04-30 Purchase effective 30 April 2024 under a 16 April 2024 BC Supreme Court order; the entities had been in receivership since September 2023 owing just over $161 million. A |
| Skeena Mall 4741 Lakelse Avenue |
Retail | Bosa Properties The mall's own site states it "was built in 1978 and changed hands a number of times before its ultimate purchase by Bosa Properties", that an extensive renovation began in 2011, and that the founder's "love of rural British Columbia prompted a series of real estate purchases in shopping centre assets" of which "ownership of these properties is a source of great pride". The same company's site says it owns Dawson Creek Mall. Against that, the City's own Principal Corporate Taxpayers table names Loon Properties (Skeena) Inc at $290,950.80 of 2025 municipal tax; no document opened here reconciles the two names, and no price or floor area is published. |
Family / private | —A |
| Ksyen Regional Hospital (replacing Mills Memorial) 2800 Tetrault Street 82 beds; more than twice the size of the facility it replaced |
Institutional | Not established a paid title search would answer it The Province's own release states the hospital opened on 24 November 2024, ahead of schedule, with 82 beds, private rooms, two trauma bays, six stretcher bays, four operating rooms and a Tier 3 neonatal intensive care unit, and that "the project cost of $633 million is being shared between the provincial government, through Northern Health, and the North West Regional Hospital District, which is contributing $120.2 million". Demolition of the old Mills Memorial began in early 2025 to make way for parking. Funding a building is not holding title to it, and nothing opened here states who the registered owner is, so none is recorded. |
Not established | —A |
| Northwest Regional Airport Terrace-Kitimat 4401 Bristol Road |
Civic | Terrace-Kitimat Airport Society City of Terrace Bylaw No. 2177-2019 exempts folio 20700.001, "Terrace-Kitimat Airport Society, 4401 Bristol Road – Lot A, Plan EPP5420, District Lots 423, 4003, 4004, 4005, 1724, 1726, 1727, 1732, 1734, 1734A, 1735, 1736, 1739, 1741. PID 028-763-173. Registered in the name of Terrace – Kitimat Airport Society, not including leased land and improvements", and separately folio 20700.030 at 4420 Bristol Road, PID 029-802-580, "including 747 Air Cadets land and improvements". The BC geocoder and the province's boundary layer confirm 4401 Bristol Road lies inside the City of Terrace, 5.4 km south of the downtown — the city's 5,945-hectare boundary reaches the airport. |
Institution | —A |
| Fisherman's Park 5831 Highway 16 West |
Land | Canadian National Railway Company Bylaw 2177-2019 exempts folio 18026.000, "5831 Highway 16 W - District Lot 1705, C N R Lease R.P. 323, Fisherman's Park, Registered under the name of Canadian National Railway Co and given under lease to the City of Terrace" — a park the City runs on railway freehold, exempted under s.224(2)(b) of the Community Charter as land held by lease by the municipality for park or recreation purposes. CN also appears in the City's Principal Corporate Taxpayers table at $223,324.30 of 2025 municipal tax, against roll VN119638. |
Public company | —A |
| 645999 BC Ltd buildings at Lazelle Avenue and Sparks Street 124-4720 Lazelle Avenue and 3227-3229 Sparks Street |
Mixed use | 645999 BC Ltd City of Terrace Bylaw 2176-2019 names "645999 BC Ltd, leased to Canadian Red Cross, 124-4720 Lazelle Ave, Lot PCL B, Range 5, Plan 3329, District Lot 361, PID 012-271-616" and "645999 BC Ltd, leased to Governing Council of the Salvation Army, 3227-3229 Sparks Street, Lot 2 and 4, Range 5, Plan 3409, District Lot 361, PID 012-080-675". The 2025 annual report carries both forward, exempting $6,393 of City taxes on the Red Cross space and $1,423 on the Salvation Army space. It is a private numbered company that the City's own bylaw identifies as the registered owner of two downtown buildings let to charities; no principal is named here. |
Private company | —A |
| George Little House 3100 Kalum Street |
Institutional | City of Terrace Bylaw 2177-2019 exempts folio 5592.000, "3100 Kalum Street – Parcel A, District Lots 361 and 369 Plan 41812. PID 025-750-097. Registered under the name of City of Terrace", as "an eligible heritage property (George Little House) owned by the City of Terrace and leased by a person providing a municipal service under a partnering agreement" under s.225(2)(b). The same bylaw records the City as registered owner of 4511 Keith Avenue (PID 024-123-722), leased to Kermodei Tourism Society, and 3226 Kalum Street (PID 013-923-935), leased to the BC Old Age Pensioners Organization. |
Government | —A |
| Terrace Post Office 3232 Emerson Street 1,309.7 sq m on 0.1533 ha |
Retail | Canada Post The Directory of Federal Real Property records property 62939, custodian Canada Post, interest type Crown Owned: one building of 1,309.7 square metres on 0.1533 hectares at 3232 Emerson, primary use Commercial Retail. It is the only federally owned parcel inside the city. Five other federal rows in Terrace are leases totalling 2,893 square metres — the RCMP detachment at 3205 Eby Street (1,487 sq m), three Public Services and Procurement Canada premises on Lazelle, Pohle and Keith, and the Business Development Bank of Canada in the Nash Building at 3233 Emerson Street. |
Government | —A |
2
The core land
The most valuable ground in the city, and what the public record says about it.
Terrace's assessment base is $2.69 billion and its own finance department publishes the part the province does not: who the ten largest corporate taxpayers are and what each paid. The list is a retail-and-development list, not a resource list — a numbered company, a local developer, Wal-Mart, a mall holding company, the railway, Canadian Tire, Telus, a hotel company and a housing society. The 2021 construction figure of $296 million of new institutional work is the hospital; the city has not seen a year like it since.
City total assessed value, 2026 roll$2.69B
$2,691,281,200 for general municipal purposes: residential $2,231,300,300; business and other $424,549,773; light industry $15,105,300; major industry $8,984,500; utilities $8,250,230; recreation and non-profit $3,038,400; farm $52,697; managed forest land nil. BC Ministry of Municipal Affairs, Local Government Statistics Schedule 701 — Assessed Values for the year 2026.
Ten principal corporate taxpayers, 2025 municipal taxes$2,906,378.74
The City's own 2025 annual report, Principal Corporate Taxpayers (general municipal taxes only, excluding transit): 1355390 BC Ltd $576,678.70; Progressive Ventures Ltd $408,808.83; Wal-Mart Canada Corp $377,864.40; Loon Properties (Skeena) Inc $290,950.80; Sunshine Inn Executive Suites Inc. $230,269.41; Canadian National Railway Co. (VN119638) $223,324.30; Telus Communications Inc $219,187.80; Canadian Tire Real Estate Ltd $214,137.60; NSD Development Corporation $198,770.40; M'akola Housing Society $166,386.50. Marked unaudited statistical information, source City of Terrace Finance Department.
New construction permitted, 2025$31,885,775
The City's own five-year construction table: 2025 single residential $5,683,641, multi-residential $22,900,000, institutional $3,302,134; total $31,885,775, against $11,021,173 in 2024, $7,695,000 in 2023, $26,308,007 in 2022 and $331,481,413 in 2021 — the 2021 figure driven by $296,325,000 of new institutional work, the hospital.
Whole-city turnover, 2025280 sales, $153.0M
280 market transactions in the City of Terrace across 2025 — 257 residential, 23 commercial — with total fair market value of $152,953,180 and $1,813,041 of property transfer tax paid. BC Ministry of Finance property transfer tax data 2025, municipal monthly file; the corporate-transaction count is suppressed as 'nr' in 10 of 12 months. Terrace Rural adds 180 transactions worth $78.5 million.
City area, and why the population figures differ5,945 ha; 12,017 people serving 75,000
Schedule 201 — General Statistics for 2024 gives Terrace 5,850 ha of land and 95 ha of water; the province's boundary layer independently returns 5,944.8 ha, which is why the municipality contains its own regional airport. 2021 Census population 12,017; BC Stats estimate 13,926. Terrace is routinely credited with a far larger population because it is the regional hub: Skeena Mall's own page puts the city at "approximately 12,000 people" serving "a consumer base of 75,000". A registry figure near 19,600 is the trading area, not the city.
3
Who owns the town
At this scale the significant owner is rarely a trust or a fund: it is one or two local holding companies, a family in its second or third generation, and often the land around the town rather than the buildings in it.
Around Terrace the forest-tenure rule bites hard. Two tree farm licences reach a box around the city — TFL 1 at 423,405 hectares held by Coast Tsimshian Resources Limited Partnership and TFL 41 at 201,792 hectares held by a numbered company, 1355387 B.C. Ltd. — but the Tree Farm Licence Schedule A layer, which maps the land a licensee actually owns, returns just 553 hectares inside that box, all of it under TFL 1. A licence over Crown timber is not freehold, and the ratio here is better than a thousand to one against treating it as such. There is no private managed forest land on the city roll.
| Name | Type | Holdings |
|---|---|---|
| Coast Tsimshian Resources Limited Partnership The province's tree farm licence current-view layer names Coast Tsimshian Resources Limited Partnership as licensee of TFL 1, 423,405.3 hectares, reaching a box from 54.2N to 54.8N and 129.1W to 128.1W around Terrace. The Schedule A layer — "private land or timber owned by the Tree Farm licence holder" — returns 553.0 hectares for TFL 1 inside that box and nothing for TFL 41. Both layers are licensed Access Only, so only this derived result is published. |
Institution | 423,405 ha of Crown tenure; 553 ha of licensee-owned land in the boxA |
| Kitsumkalum First Nation Purchased out of receivership effective 30 April 2024 under a BC Supreme Court order, including the forest tenures in the package; the Nation's chief councillor said it would manage those tenures "as an ecological whole". A later BC Supreme Court decision set aside the Minister of Forests' approval of the forest licence transfer to a Kitsumkalum-owned numbered company for failure to consult the Gitanyow, and ordered the minister to reconsider — so the tenure transfer, as distinct from the mill purchase, was unresolved. The City also names Kitsumkalum cemetery among its own facilities. |
Government | the Highway 16 sawmill and pellet plant, bought for $14.05MB |
| City of Terrace Bylaws 2176-2019 and 2177-2019 record the City as registered owner of 3100 Kalum Street (PID 025-750-097), 4511 Keith Avenue (PID 024-123-722) and 3226 Kalum Street (PID 013-923-935), each leased out. Its 2025 annual report lists the Ferry Island campground, the Kitsumkalum and Terrace cemeteries, and a 2026 priority to "redevelop marketing strategy for existing vacant municipal land" and to pursue investment at the Skeena Industrial Development Park. The City's land at historical cost could not be read: its SOFI filings are scanned copier PDFs with no text layer. |
Government | George Little House, 4511 Keith Ave, 3226 Kalum St, Ferry Island, two cemeteries, vacant municipal landB |
| Canada Post Directory of Federal Real Property, property 62939, interest type Crown Owned, 1,309.7 sq m of building. Five further federal rows inside the city are leases. |
Government | 0.1533 ha, the only federal freehold in the cityA |
5
Who builds the houses
New-home building in this market: the volume, and the firms behind it. Ownership of a builder matters as much as its volume — a private-equity platform and a family firm behave differently.
Terrace permitted 75 residential units in 2025 and 81 in 2024, and the 2025 mix is unusual for a northern town — $22.9 million of multi-residential construction against $5.7 million of single-family. BC Housing's New Homes Registry shows the same shape: 23 single-detached, 16 multi-unit and 43 purpose-built rental homes registered in 2024. Eighteen companies hold a builder licence at a Terrace address, and one local developer, Progressive Ventures Ltd, is also the City's second-largest corporate taxpayer.
| Name | Type | Units |
|---|---|---|
| Progressive Ventures Ltd The City's own Principal Corporate Taxpayers table ranks Progressive Ventures Ltd second in Terrace at $408,808.83 of 2025 general municipal taxes, behind only 1355390 BC Ltd. The table publishes the company name and the tax paid; it does not say which properties it holds, and the company is not among the licensees the provincial builder registry lists at a Terrace address. |
Private company | $408,808.83 of 2025 municipal tax, the city's second-largest corporate taxpayerA |
| Eighteen licensed residential builders with Terrace addresses BC Housing's Public Registry of Licensed Residential Builders, filtered to Terrace, returns 18 licensees in good standing, among them Arka-Fortune Developments Inc., C. Carson Construction, Cogra Construction Ltd., Dhesi Brothers Construction Ltd, Homeniuk Homes Ltd., Midvalley Enterprises Ltd., Nedcan Construction Ltd., Pacific Aurora Construction Management Limited, Qualicon Developments Inc., Reddog Logging Ltd., S. Palmer Construction Ltd., Swift River Construction Limited and Technicon Industries Ltd. The registry gives the licensee's registered address, not where the homes were built, and no unit counts; individual licensees are not named here. |
Private company | 18 licences in good standingA |
| New-home registrations, all builders BC Housing's New Homes Registry records single-detached registrations in Terrace of 24, 20, 39, 44, 42, 50, 23, 25 and 23 across 2016 to 2024; multi-unit registrations of 7 in 2021, 21 in 2022 and 16 in 2024; and purpose-built rental registrations of 45 in 2017, 94 in 2021, 24 in 2022 and 43 in 2024, other years suppressed for being under five. Licensed Access Only, so only these stated figures are quoted. |
Private company | 23 single detached + 16 multi-unit + 43 purpose-built rental, 2024A |
| Residential building permits, all builders BC Stats' Building Permits (BPER) series records 75 residential units permitted in Terrace (CSD 5949011) across 2025 and 81 in 2024, with residential permit value of $31.976 million in 2025 and $25.736 million in 2024 — a close match to the City's own $31.9 million construction total. Open Government Licence – British Columbia. |
Private company | 75 units, $32.0M, 2025A |
6
Commercial landlords
The commercial side, counted separately from housing: who holds the office, retail and industrial floor area.
Business and other is $424.5 million, 16% of the roll, and 23 commercial sales completed in 2025. Terrace is the only city in this batch where the landlord list is published rather than inferred: the City's Principal Corporate Taxpayers table names the companies and what each paid, and its exemption bylaws tie named owners to civic addresses and PIDs.
| Name | Type | 2025 municipal taxes |
|---|---|---|
| 1355390 BC Ltd The largest corporate taxpayer in Terrace on the City's own 2025 table, half again the next entry. The table gives the company name and the tax paid and nothing else; no document opened here identifies the properties behind it or the principals, and nothing is inferred from the similarity to the numbered company that holds Tree Farm Licence 41 nearby. |
Private company | $576,678.70A |
| Bosa Properties / Loon Properties (Skeena) Inc Skeena Mall's own site states its "ultimate purchase by Bosa Properties" and an extensive 2011 renovation. The City's taxpayer table names Loon Properties (Skeena) Inc at $290,950.80. Both are published; neither document names the other, so the two are recorded side by side rather than merged. |
Family / private | $290,950.80 against Loon Properties (Skeena) Inc; Skeena MallB |
| Wal-Mart Canada Corp Third on the City's 2025 Principal Corporate Taxpayers table — a big-box retailer paying more municipal tax than the railway, Canadian Tire or Telus. The table does not state whether the store is held freehold. |
Public company | $377,864.40A |
| Canadian National Railway Company CN appears on the City's taxpayer table against roll VN119638, and Bylaw 2177-2019 records it as registered owner of District Lot 1705 at 5831 Highway 16 West, leased to the City as Fisherman's Park. The Town of Smithers' profile and Terrace's own report both place the CN main line through the valley. |
Public company | $223,324.30, plus the freehold under Fisherman's ParkA |
| 645999 BC Ltd Named as registered owner of 124-4720 Lazelle Avenue (PID 012-271-616) and 3227-3229 Sparks Street (PID 012-080-675) in City of Terrace Bylaw 2176-2019, with both exemptions carried into the 2025 annual report. A small private landlord that the City's own paperwork identifies by name and PID. |
Private company | two downtown buildings let to the Red Cross and the Salvation ArmyA |
| Sunshine Inn Executive Suites Inc. Fifth on the City's 2025 Principal Corporate Taxpayers table. A company of the same family name, Sunshine Inn Estates (Burns Lake) Ltd., holds licensed residential builder registrations at both Smithers and Terrace addresses on BC Housing's registry; the two are recorded as separate facts and no connection is asserted. |
Private company | $230,269.41A |
?
Looked for and not found
Claims this page would have made if a source could be opened. They are left out rather than guessed.
- Who 1355390 BC Ltd is and what it holds. It is Terrace's largest corporate taxpayer at $576,678.70, and the City publishes the name and the figure only. A free LOTR search would name the interest holders behind it if it is a reporting body, but LOTR search requires an account, which was not opened here, and this record does not publish individuals in any case.
- Whether Loon Properties (Skeena) Inc and Bosa Properties are the same ownership of Skeena Mall. The mall's own site says Bosa Properties bought it; the City's taxpayer table names Loon Properties (Skeena) Inc. No opened document connects them.
- Who holds title to Ksyen Regional Hospital at 2800 Tetrault Street. The Province's release states the $633-million project cost and the North West Regional Hospital District's $120.2-million share, which is funding, not title.
- Who owns the five buildings Canada leases in Terrace, including the RCMP detachment at 3205 Eby Street and the Nash Building at 3233 Emerson Street that houses the Business Development Bank of Canada.
- Who owns the Skeena Industrial Development Park. The City's 2025 annual report says it "developed an updated plan" for it and that its Lands and Economic Development Manager is pursuing investment there, which implies but does not state municipal ownership.
- The City of Terrace's land at historical cost, and its tangible capital asset schedule. The 2025 and 2024 Statements of Financial Information are scanned copier PDFs with no text layer, and the tangible capital asset schedule inside the annual report did not extract.
- What the Kitsumkalum sawmill and pellet plant are now assessed at. Major industry on the 2026 city roll is $8,984,500 in total and light industry $15,105,300, but BC Assessment's parcel values may not be reused commercially.
- No open dataset names the owner of any BC parcel. ParcelMap BC's public extract is geometry plus PID; the fully attributed variant is licensed to government only; BC Assessment's full roll is 'named users' only.
- BC publishes no price-paid file. Property transfer tax data is monthly counts and aggregate fair market value by municipality, with small counts suppressed — in Terrace the corporate-transaction count was suppressed in 10 of 12 months of 2025.
- LOTR covers only land held through corporations, trusts and partnerships. Land held directly by an individual is out of scope, and nothing from LOTR is published here.
§
Sources
- Fees — LTSA Customer Fee Listing as at April 1, 2026, and Tax Certificates Online participating-municipality table — Land Title and Survey Authority of British Columbia · openA
- About the Land Owner Transparency Registry — Land Title and Survey Authority of British Columbia · openA
- BC Assessment homepage, terms of use and copyright notice — BC Assessment · openA
- Local Government Statistics — Schedule 701, Assessed Values for the year 2026 — BC Ministry of Municipal Affairs · openA
- Local Government Statistics — Schedule 201, General Statistics for 2024 — BC Ministry of Municipal Affairs · openA
- Property Transfer Tax Data 2025 — municipal monthly file — BC Ministry of Finance / BC Data Catalogue · openA
- Directory of Federal Real Property — full open-data extract (dfrp-rbif.zip) — Treasury Board of Canada Secretariat · openA
- Municipalities — Legally Defined Administrative Areas of BC (ABMS_MUNICIPALITIES_SP), WFS — GeoBC / BC Data Catalogue · openA
- BC Address Geocoder — addresses.json — GeoBC / Province of British Columbia · openA
- Building Permits (BPER) — Residential Total Units and Residential Value, monthly, by census subdivision — BC Stats / BC Data Catalogue · openA
- New Homes Registry (2016-2024) — new home registrations by community and home type — BC Housing / BC Data Catalogue · openA
- Public Registry of Licensed Residential Builders — licence search by city — BC Housing, Licensing and Consumer Services · openA
- Kitsumkalum First Nation buys Terrace sawmill, pellet plant; and British Columbia Major Timber Processing Facilities (GSR_TMBR_PRCSSING_FAC_SV), mill 183 — Burns Lake Lakes District News / Black Press; BC Ministry of Forests / GeoBC · openA
- 2025 Annual Report (draft for the annual public meeting) — Principal Corporate Taxpayers, New Construction, Permissive Tax Exemptions — City of Terrace · openA
- New hospital in Terrace open for patients (2024HLTH0156-001603) — Government of British Columbia, Ministry of Health · openA
- Bylaw No. 2177-2019, 2020–2029 Tax Exemption Bylaw, and Bylaw No. 2176-2019, 2020–2023 Tax Exemption Bylaw (October 2021 consolidation) — City of Terrace · openA
- Directory of Federal Real Property — Terrace rows (properties 62939, 36891, 53277, 53028, 53346, 49071) — Treasury Board of Canada Secretariat · openA
- FADM — Tree Farm License Current View (FADM_TFL_ALL_SP) and Tree Farm License Schedule A (FADM_TFL_SCHED_A), WFS — BC Ministry of Forests / BC Data Catalogue · openA
- About — Skeena Mall — Bosa Properties · openA