- Created: Friday, 15 January 2016 00:16
Martensville had lowest municipal property tax gap in 2014; Prince Albert the highest Regina, November 19, 2015– The Canadian Federation of Independent Business (CFIB) released its annual comparison of property tax gaps between Saskatchewan municipalities. The overall results for 2014 were mixed across the province. On average, commercial property owners paid 2.28 times the municipal property taxes of residential property owners.
CFIB’s 8th annual research report, Wanted: Property Tax Fairness in Saskatchewan examines municipal and total property tax gaps for 69 municipalities and 32 Rural Municipalities (RMs) with a population of 1,000 or more. The gap measures the ratio of commercial and residential property tax bills for properties assessed at $200,000.