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Despite the unfair tax system The Government of New Brunswick recently increased property tax assessments on many apartments by as much as 20%.
Increased Property Tax
Despite the unfair tax system The Government of New Brunswick recently increased property tax assessments on many apartments by as much as 20%. This will lead directly to landlords increasing rents, with some apartments seeing rents going up by as much as $700 per year just to cover the cost of this tax increase.
Higher taxes on apartments mean higher rents for tenants. New Brunswick is already in a housing crisis, this huge tax increase will make it worse.
Tell Premier Higgs to stop increasing rental costs and bring apartment property taxes for New Brunswick to the national average.