5 h. ago Typical Calgary homeowner to pay 8.9% property tax hike after province takes bigger share

Calgary city council will also send the Government of Alberta an invoice to recoup costs of collecting the provincial share of property taxes this year.

Economics

7 h. ago City of Calgary will invoice province for services related to property tax collection

'We have been asked to manage taxpayer money, and in order to do that, if we are providing services to another order of government, we should be compensated for it,' said Mayor Jyoti Gondek

Economics

4 d. ago N.S. realtors want province to drop planned deed transfer tax hike

The Nova Scotia Association of Realtors says the move would add a "tariff" on Canadian buyers

Economics

7 d. ago Ontario ‘won’t back down,’ Ford says as Trump calls for significant tariff hike

Ontario “won’t back down” after U.S. President Donald Trump called for a further tariff hike in response to the province’s 25 per cent export tax on electricity.

Economics

8 d. ago Many Ontario residents getting payments from the government on Monday

Keep an eye on your bank account — many Ontario residents will get Ontario Trillium Benefit (OTB) payments from the government on Monday, March 10.The OTB is typically paid out on the 10th of each month unless a weekend or statutory holiday falls on the pay date, in which case, the payment drops on the last working day before the 10th.It is the combined tax-free payment of the Ontario Energy and Property Tax Credit, the Northern Ontario Energy Credit, and the Ontario Sales Tax Credit.Ontario Trillium Benefit eligibilityYou should be eligible for at least one of the three credits to receive money.For the Ontario Energy and Property Tax Credit, you could get a maximum of $1,248 if you are between 18 and 64 years old, $1,421 if you are 65 or older, $277 if you live on a reserve or in a public long-term care home, and $25 for the time you lived in a designated college, university, or private school residence in 2023, according to the province's website.The Northern Ontario Energy ...

Politics

1 week ago Province reinstates 75 per cent funding for property tax grant payment program

The funding announced Thursday will cover 75 per cent of the tax value on eligible properties.

Economics

2 w. ago 8.5% property tax increase could be coming in 2025 Regina budget

The City of Regina has proposed their 2025 budget, which could come with a 8.5 per cent increase to property taxes.

Economics

2 w. ago 'You could call it equalization': Mayor critical of Calgary's high share of education property tax requisition

While Edmontonian homeowners will likely see a $92 hit to their property tax bill, Calgarians who own a $700,000 home will likely see a $239 increase.

Economics

2 w. ago Alberta Budget 2025: Education funding to see a 4.5% increase, hike in education property tax

Alberta plans to hike the education property tax in Budget 2025 with the increase covering more than one-third of the operating expenses for education. Finance Minister Nate Horner tabled the province’s 2025-2026 budget on Thursday, and Alberta Education will see a 4.5 per cent increase for the year with a total operating budget of $9.9 […]

Economics

3 w. ago Homeowners expect monthly mortgage payments to rise upon renewal in 2025: survey

TORONTO — As more than one million mortgages come up for renewal in Canada this year, a new survey says the majority of those homeowners expect to pay more in their monthly borrowing costs. A Royal LePage survey released Thursday, conducted by Hill & Knowlton, said 57 per cent of Canadians set to renew a […]

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