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Article content Curtis Olson says he came into 2021 with renewed optimism, hoping his business would emerge from the challenges brought on by the pandemic. Instead, he was slapped with a residential property assessment with a 60 per cent tax increase for one of his Riversdale townhouse projects. We apologize, but this video has failed to load. Try refreshing your browser. It s pushing people too far : Property owners call on city council to step in over tax hikes Back to video “A 10 per cent property tax (hike) is a big thing to send out, much less 60 per cent,” he said. He started to dig into it further and found others facing the same problem. ....
'Salt in the wound': Saskatoon business owners learn there is a long road ahead to try and reduce steep tax bills saskatoon.ctvnews.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from saskatoon.ctvnews.ca Daily Mail and Mail on Sunday newspapers.
(Courtesy of the City of Saskatoon) The value of residential properties on average is down in Saskatoon by about seven per cent, while the value of a typical commercial property value went up about eight per cent. Bryce Trew, Saskatoon’s city assessor, says property values aren’t reflective of what has happened over the past year in the real estate market or of the average price of a property in 2020. Unlike most Canadian provinces except for Ontario, Saskatchewan doesn’t do assessments on a yearly basis. They’re only done every four years. The last reassessment was in 2017, with a base date of Jan. 1, 2015. ....