New Brunswick’s minister of local government says the province will provide financial assistance to any municipalities that face a decrease in revenues caused by the province’s decision to freeze property tax assessments.
Serge Rousselle says his department will work with each local government on a case-by-case basis.
READ MORE: New Brunswick to freeze property assessments for 2018 while review is completed
Rousselle met with municipal associations on Monday to discuss their concerns about the freeze and the new property assessment agency to be created this fall.
Get weekly money news
The province’s Liberal government announced the freeze in June, hoping to contain a festering scandal involving what the premier said were thousands of errors that started in 2011.
WATCH: N.B. cities and municipalities want voice heard in property tax fiasco
- Addiction experts say recent flood of gambling ads a problem for some Albertans
- Clinics, technicians unsure of Alberta’s new self-referral method for health tests
- Investors want ‘real proof’ AI spending is paying off, new report suggests
- Consumers using savings to pay for essentials and piling up debt: Equifax
A whistleblower alleged in March that more than 2,000 property owners were given improper and inflated tax bills – some double the amount from the previous year.
Auditor general Kim MacPherson is reviewing the system and is expected to release a report later this year.
Comments
Want to discuss? Please read our Commenting Policy first.