Business organization slams property tax disparity
The Canadian Federation of Independent Business says that commercial property owners are paying more than their fair share of property taxes. In its comparison of property taxes paid to municipalities in Saskatchewan it found that last year owners of commercial properties paid on average 2.31 times more than residential owners. Those in Prince Albert pay the most; $4.23 for every dollar from residential owners; while Martensville has the narrowest gap at $1.48. CFIB’s Marilyn Braun-Pollon says that municipalities don’t have a revenue problem but a spending one and is recommending that they reduce their workforce. Read the full story.