Property Tax
Canadian Property Management
NB proposes property tax rate stabilizer
New Brunswick introduces new legislation that would leave non-residential ratepayers potentially exposed to a larger share of the property tax burden.
CondoBusiness
Alberta to limit vacancy tax exposure
The Alberta government plans to block vacancy tax on dwellings that provincial residents own and introduce fines for property owners who fail to submit required information to assessors.
Canadian Facility Management & Design
New Brunswick looks for cost savings
Public access will be shuttered at up to six of New Brunswick's heritage sites and four provincial parks unless community-based sponsors can step in to assume operations.
Canadian Property Management
Alberta budget confirms tax and fee increases
Commercial ratepayers in Alberta can expect a 4.25 per cent jump in their education property taxes this year, while various added fees filter through to the real estate, facilities management and construction sectors.
Canadian Property Management
Some ratepayers veiled in NB survey findings
There’s little clear insight into what New Brunswick's residential landlords and non-residential ratepayers think about the assessment and property tax system.
Canadian Facility Management & Design
‘80s set tone for Ontario institutional levy
Ontario municipalities are again asking for an upward adjustment to the payments that health care, post-secondary and correctional facilities make in lieu of property tax.
REMI Network
Toronto boosts property tax relief threshold
The City of Toronto has expanded the Property Tax & Utility Relief programs, increasing the deferral and cancellation household income threshold for seniors and persons with disabilities.
Canadian Property Management
New Brunswick launches property tax consultation
A promised overhaul of New Brunswick’s property tax system has been launched with a public survey and stakeholder consultation process.
Canadian Apartment Magazine
New tax twist for affordable rental housing
A promised new optional property tax subclass would allow Ontario municipalities to reduce the tax rate on qualifying affordable rental units by up to 35 per cent.
REMI Network
NB takes first step to property tax reform
New Brunswick will hold property assessments at 2025 levels for 2026 as the first step of a promised overhaul of the property tax system.
Canadian Property Management
Property assessments no bargain in Ontario
Ontario’s outdated property assessments are an added hitch for retail landlords now contemplating vacant anchor spaces in dozens of regional shopping centres throughout the province.
Canadian Property Management
Saskatchewan adjusts for rising assessed values
The Saskatchewan government will balance out a jump in assessed values with reduced mill rates for education property tax in 2025-26.
Canadian Property Management
Education property tax up 6.4% in Alberta
Commercial ratepayers in Alberta are in line for a 6.4 per cent increase in their education property tax burden for 2025-26.
REMI Network
Property reassessment still on hold in Ontario
Ontario’s fall economic statement confirms that property reassessment is still on hold, but a small tweak is in the works to alleviate the tax burden on some student housing projects.
Canadian Apartment Magazine
Purpose-built rental property tax status in flux
Toronto is among Ontario municipalities contemplating a recently authorized optional property tax subclass to convey discounted tax rates for newly constructed purpose-built rental housing.
CondoBusiness
Chronic property tax arrears at Toronto condo
Chronic property tax arrears at a downtown Toronto condominium complex now amount to more than $10.2 million on 15 units held by five different owners.
Canadian Property Management
Ample revenue sources on municipal wish list
The Federation of Canadian Municipalities is proposing a new fiscal framework that's less reliant of property tax and better tailored to the complex demands local governments face.
