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Montreal businesses, homeowners having hard time digesting new tax hikes

Many Montrealers woke up with their wallets feeling a little lighter on Thursday after the city announced a steep residential tax increase as part of its 2024 budget. Homeowners are rethinking their budgets after finding out the Plante administration is raising their taxes by an average of 4.9 per cent. As Global’s Dan Spector reports, tenants and business owners are also bracing themselves.

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