Skyrocketing taxes squeeze out Cdn homeowners

From Vancouver to Halifax, Canadian homeowners are being hit with skyrocketing property assessments — leading to significantly bigger property tax bills — that some can’t afford. It’s the downside of a housing market that’s been on the upswing for the better part of a decade. The people hit hardest are the ones who don’t want to sell — many are seniors living on a fixed income. "There’s enough revenue in the country, there’s enough taxes — but there’s not enough sharing of them," said Knight.  "Municipal governments need somewhat more to deliver their responsibilities."
 
source: CTV.ca

 

       

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