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Tuesday, November 28, 2023

Could 'upzoning' mean higher property taxes for B.C. homeowners?

Tax and housing experts are concerned that sweeping housing reforms proposed by the B.C. NDP, which would force higher density in single-family neighbourhoods and around transit hubs, could leave homeowners and small businesses on the hook for inflated property taxes that are based on the “highest and best use” of the land...

https://financialpost.com/news/local-news/bc-upzoning-property-taxes



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