Calgary proposes a 3.6% property tax increase for 2025, influenced by growth and inflation.

Calgary's city administration has proposed a 3.6% property tax increase for 2025, a reduction from an initial 4.5% plan. This is influenced by investment income and aims to address rapid population growth and inflation. Single-family homes may see a 3.9% rise, while condominiums could face a 10.5% increase. Additionally, utility fees for water and waste management will rise by 3.7%. The budget prioritizes infrastructure, housing, public safety, and transit services.

November 05, 2024
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