Vancouver businesses set to be hit with higher property taxes

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It will be another few weeks before formal notices of property tax assessments will be sent to businesses in Vancouver but building owners have already been contacted to warn them of increased costs. In areas zoned for mixed commercial/residential use the assessment increases are likely to be higher by at least 15 per cent and in some cases up to 30 per cent. Storefront businesses will be hit hardest with others seeing more modest increases. Read the full story.


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