B.C.’s speculation tax brings in $115M, mostly from owners outside province
By Sean Boynton Online Journalist
The completed forms showed 80 per cent of those paying the tax are foreign buyers and satellite families. Continue reading
Taxes
Vancouver property taxes could rise up to 10% to cover recent council motions: staff
By Sean Boynton Online Journalist
The high level estimates in the budget outlook say recent motions have added up to $24 million in additional expense pressure. Continue reading
Vancouver proposes changes in tax policy to help small businesses
By Emily Lazatin Reporter
Staff are recommending a split assessment, meaning a new subclass to separate a property’s existing and potential use. Continue reading
White Rock wants version of Vancouver’s empty homes tax — but provincial rules stand in the way
By Sean Boynton Online Journalist
White Rock will ask the Union of B.C. Municipalities to amend provincial rules to allow authority to implement a vacancy tax like Vancouver’s. Continue reading
Alberta natural gas producers getting tax relief
By Tom Vernon Provincial Affairs Reporter
Struggling natural gas producers in rural Alberta will see some property tax relief this year, in an effort to stabilize an industry struggling to make ends meet due to low commodity prices. Continue reading
Long-term plans needed to maintain Halifax roads, sidewalks: auditor general
“We expected management to have documented plans to support regional council’s priority of having a well-maintained transportation system,” the auditor general said. Continue reading
Lethbridge property tax deadline just days away
By Quinn Campbell Videographer
If you don’t get your taxes paid on time, a seven per cent late payment penalty will be applied. That’s $70 for every $1,000 in outstanding property taxes. Continue reading
Calgary city council votes in favour of $60M budget cut and $70M in tax rebates
By Carolyn Kury de Castillo Reporter
Calgary city council voted unanimously to pass a 10 per cent commercial property tax cut on Monday. But no one is certain where the budget cuts will come from to help pay for it. Continue reading
CRA decides against taking 1 of its battles with Cameco to Supreme Court
CRA says it won’t appeal a decision that says the revenue minister doesn’t have the authority to compel Cameco’s employees to answer questions from the agency. Continue reading
City of Winnipeg document details $4.9 billion in capital projects over next decade
The Unfunded Major Capital Projects Detail document – which will be presented at the city’s Executive Policy Committee on June 11 – is intended to give council and the public an overview of the scope and rationale behind the projects before council makes decisions on individual items. Continue reading