Ontarians paid highest property tax in 1998

Ontarians paid the highest property tax in the country in 1998 while the Atlantic provinces paid the lowest on average, according to the most recent figures available from Statistics Canada.

The 1999 survey released Wednesday was based on 1998 figures. It shows that annual property tax averaged $2,230 in Ontario and $2,030 in Quebec. By contrast, homeowners in Newfoundland and Labrador paid an average of $640.

Canadian homeowners paid 2.9 per cent of family income in property taxes in 1998, one-seventh of the 21.3 per cent they paid in income tax. Continue reading

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