New Brunswick / Nouveau-Brunswick

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Welcome to New Brunswick's home on Lemmy!

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Bienvenue à la communauté néo-brunswickoise de Lemmy!

Pas d'intolérance - y comprit le racisme, le sexisme, le capacitisme, l'homophobie, la transphobie, ou la xénophobie.
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On est une communauté bilingue, soyez à l'aise de participer en anglais ou en français (ou même en chiac!)

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New Brunswick homeowners facing another year of surging property assessments — and taxes (www.cbc.ca)

submitted 10 months ago by Dwayne_Elizondo_Mountain_Dew_Camacho to c/[email protected]

2 comments fedilink hide all child comments

While almost every home owner will get a higher property bill this year, can you guess who will get to pay less?

According to provincial assessment figures, the city's largest industrial property, the Irving Oil refinery, has received an assessment increase of 1.66 per cent for 2024.

However, under provincial government property tax rules, Saint John's 2.5 per cent property tax rate cut has to be shared equally with all property owners. That will reduce municipal property taxes collected on the refinery in 2024 by about $25,000.

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[–] [email protected] 2 points 10 months ago

I'd be real worried about that if I could afford a home. Some people might say "your landlords will use this as an excuse to raise your rent!" but I've found they don't really need any excuse.

It saddens me that I'm so used to the Irvings/Cons' egregiousness that the tax cut bullshit barely registers on my radar. $25,000? That's chump change for the Irvings.