HONVEER Singh Randhawa, mayoral candidate for the Conservative Party of Surrey, on Tuesday announced a bold Surrey Business Relief Plan to lower costs, support local businesses, attract investment, and make Surrey open for business again.
If elected Mayor, Randhawa said a Conservative Party of Surrey administration will deliver:
- 0% commercial property tax increase
- A further 5% property tax cut for small and job-creating businesses in Surrey
- $0 – No business licence fees for the entire four-year of Council term
- An independent audit of City Hall spending
- Cut red tape to support Surrey business growth and Surrey job creation
The announcement comes in response to staggering data showing that commercial property taxes in Surrey have surged by a massive 30% over the last two years (2024 to 2026). This rapid increase has pushed many mom-and-pop shops, local manufacturers, and independent retailers to the brink of financial collapse, he said.
“Surrey should be open for business, not closed by taxes and bureaucracy,” Randhawa said. “As mayor, I will work with businesses, cut taxes and make Surrey one of the best cities in British Columbia to start, expand or relocate a business.”
Randhawa said the further 5% tax cut would focus on local employers, family-run businesses, entrepreneurs and companies investing directly in Surrey’s economy, and that the policy was designed to ensure the tax cut benefits the business, regardless of whether they are the property owner or a leaseholder.
“Surrey businesses are being squeezed from every direction,” said Randhawa. “The current City Hall and Council made the decisions that placed this burden on businesses. Many of the same people who sat around the Council table during these increases are now asking voters for another term, including under different slates, and one current councillor is even seeking the Mayor’s office.”
“Surrey business owners deserve to know who helped create the problem and who is offering real relief,” Randhawa said. “We cannot keep asking businesses to pay more without first forcing City Hall to control its own spending. Surrey should be open for business, not closed by bureaucracy.”
