Municipal Affairs and Housing Minister Selina Robinson promised short-term solutions last fall - three months later we have not heard anything even close to a plan
Todd Stone, Official Opposition Critic for Municipal Affairs and
Housing, is continuing his call for the NDP government and Housing Minister
Selina Robinson to immediately implement legislation that will enable local
governments to allow for split-zoning, before more small businesses are forced
to close their doors due to skyrocketing property taxes.
“This past fall I introduced legislation that would provide tax
relief to small businesses who are currently struggling to make ends meet as
they are being forced to pay a tax on the unused airspace above their heads,”
says Stone.
“Minister Robinson promised to implement short-term solutions last
fall, yet nearly three months later we have not heard anything even close to a
plan from her.”
The Canadian Federation of Independent Business (CFIB) released a report
on Monday that calls for immediate action from the province and shares stories
of the many small businesses struggling under the burden of outrageous property
taxes. CFIB estimates that the average small business owner in Metro Vancouver
saw their property assessment increase 87 per cent in the last five years.
Being taxed, for the air above their business, is not the only issue
facing small businesses, however.
According to the Fraser Institute,
a
recent study “Who Bears the Burden of Property Taxes in Canada’s Largest
Metropolitan Areas?” by Josef Filipowicz and Steven Globerman, finds that
...
... in most cities, commercial and industrial tax rates
are typically higher than residential rates and sometimes by relatively large
amounts. For example, in British Columbia’s Lower Mainland, industrial property
tax rates can be 10-to-20 times higher than residential rates in some
communities.
Meantime, stated Stone, “Split-zoning legislation would mean that
hardworking small business owners would no longer have to pay a tax on the
unused airspace above their heads, and as such, they would see their property
tax bills drop dramatically”.
“The NDP government needs to act now to address the issue of rapidly
rising property taxes on unused airspace before we risk losing more arts
groups, non-profits, and small businesses, all of which play vital roles in our
communities”, concluded Kamloops South Thompson MLA Todd Stone.
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