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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Union boss out to lunch

Union boss Mike Davidson from CUPE Local 500 says Winnipeg taxpayers should not blame any proposed future property tax increase on city workers’ pension shortfall.

In a letter to the editor in the Sun Monday, Davidson says Winnipeg has required a property tax increase for some time because of what he says are revenue shortfalls.

“The reality is that Winnipeg’s budget needs a modest tax increase to address a longstanding revenue shortfall,” writes Davidson. Continue reading

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When Does this New Assessment become Effective ?

The new assessment becomes effective in 2010, and will be thus used on your 2010 Property Tax statement. Assessment notices are being mailed via Canada Post well in advance of the 2010 ( two thousand ten) tax year to benefit:

- You as a property owner , as you will have more time to properly view and evaluate as well as discuss your property tax assessment and assessments with an assessor
- your municipality, as there will be more time to finalize assessments before the final role is needed for tax and taxation purposes in the year of 2010

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