Property taxes

The Greater Nanaimo Chamber of Commerce has asked Nanaimo city council to consider a commercial property tax freeze to help offset negative financial impacts of COVID-19. (News Bulletin file photo)

COVID-19: Nanaimo considers one-year commercial property tax freeze

Report based on chamber of commerce proposal to ease pandemic stress on business community

 

A real estate sold sign hangs in front of a Canadian property Friday, Nov. 4, 2016. THE CANADIAN PRESS/Graeme Roy

W-shaped recovery would be ‘very severe’ without government assistance: CMHC

The corporation says the COVID-19 pandemic could trigger nearly 50 per cent drop in housing prices

 

The Neucel pulp mill in Port Alice has been sent to receivership. (Tyson Whitney)

Dormant Northern Vancouver Island pulp mill declares bankruptcy, owes $272 million

Port Alice’s main employer and tax payer has left the village on the hook for $1.8 million

 

The Neucel pulp mill in Port Alice has been sent to receivership. (Tyson Whitney)

Mayor sees bright future for Port Alice despite dormant pulp mill owing $272 million

Port Alice’s main employer and tax payer has left the village on the hook for $1.8 million

The Neucel pulp mill in Port Alice has been sent to receivership. (Tyson Whitney)
Port Hardy council has amended the financial plan to lower the taxation rate. (North Island Gazette file photo of Port Hardy council)

Port Hardy council amends financial plan, lowers tax rate

Council has approved reducing the taxation increase for 2020 from 4.2 per cent to 1.97.

Port Hardy council has amended the financial plan to lower the taxation rate. (North Island Gazette file photo of Port Hardy council)