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NEW BRUNSWICK PROPERTY TAXES ON APARTMENTS ARE THE HIGHEST IN CANADA!

The amount of propety taxes paid by landlords is equal to all other expenses combined. With this magnitiude it is obvious that:

THE TENANTS PAY THIS TAX! No other conclusion can be made!

-Landlord/tenants property tax rate is double the single-family rate.

-NB's rental property tax rate is double all other Atlantic Provinces' and twice the Canadian average.

-NB is the only province with a PROVINCIAL propety tax rate other than PEI and PEI's rate is half of NB's rate.

-In the early 1970's the government removed the provincial taxes for single-family homes but left the apartment renters out in the cold!

THIS BECOMES A STRAIN ON PROPERTIES BY:

-Forcing excess taxes out of properties leaves little money for regular maintenance and is the main reason that properties get dilapidated so quickly.

-Excess taxation keeps builders away from New Brunswick. This is why there are very few new apartments being built.

-More and more areas of our cities are becoming run-down because of this strain on our rental properties. Now, more people leave the cities every year!

ENOUGH IS ENOUGH!!

If you agree that it is time for the government to correct the unfairness in our property tax system and remove the provincial property tax on rental properties please sign and leave your comments:

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Joanne DodsonBy:
City LifeIn:
Petition target:
Government of New Brunswick

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