Suspicions deepen over Saint John property assessments
Millions of dollars in record real estate sales in Saint John recorded during the final three months of 2020, including one building that sold for 131 per cent above its assessed value, are adding to frustration with Service New Brunswick s finding of almost no growth in the city s tax base heading into 2021.
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Service New Brunswick says 1 Charlotte St. is worth $404,600. It sold to a P.E.I. company for $935,000
Posted: Jan 13, 2021 5:00 AM AT | Last Updated: January 13
Saint John Coun. Donna Reardon has complained for years that Service New Brunswick has been undervaluing properties in the city and costing it critical tax revenue. (Robert Jones/CBC News)
Posted: Dec 30, 2020 5:00 AM AT | Last Updated: December 30, 2020
Local government Minister Daniel Allain expects half of the $41.1 million provided by Ottawa for municipal COVID relief and compensation to go unclaimed by New Brunswick communities.(City of Dieppe)
New Brunswick municipalities will be splitting $20 million in unclaimed COVID-19 relief next month, part of a federal assistance quirk that delivered more aid to the province s local governments than was ultimately needed – and much more than similar-sized communities in other Canadian provinces were offered
New Brunswick local government minister Daniel Allain said he expects about half of the $41.1 million provided by Ottawa for municipal COVID assistance this summer to be unspoken for at year-end.