Ontario’s fall economic statement confirms that property reassessment is still on hold, but a small tweak is in the works to alleviate the tax burden on some student housing projects.

Commercial ratepayers took on a larger share of the property tax burden in eight of 11 large Canadian cities this year, with 2023 commercial tax rates more than tripling residential tax rates in six of those cities.

The recent regulation to postpone Ontario's property reassessment for another year stretches the assessment cycle to double its originally intended time span.

New Brunswick's newly announced cabinet shuffle responds to the recent departure of four provincial Ministers, two through resignation and two through dismissal.

Assessment appeal filing fees are jumping from $30 to $300 for British Columbia's commercial and industrial property owners, but remaining static for other property classes.

Many multifamily landlords in Halifax have seen a jump in their property values with Nova Scotia’s most recent reassessment based on January 2022 market values.

Saskatchewan's commercial ratepayers face an increase in the education portion of their property taxes due to a bump-up in the mill rate, but the spread across tax classes has been tightened.

Manitoba is moving to establish a single entity to deal with property tax assessment appeals, compensation for land expropriation and applications for surface rights.

Surging values for single-family homes are far outstripping condo gains, but average assessed values for strata residential properties rose anywhere from 7 to 29 per cent across 19 jurisdictions in the lower mainland.

Economic fallout from COVID-19 is shifting more of the tax burden to this flourishing group of assets via the mill rate, while also driving up the tax rate, for a double-whammy of consequences in jurisdictions that update valuations annually.

As announced in the provincial budget, the Ontario government plans to equalize the business education tax (BET) rate at 0.88 per cent for 2021, equating to a $450-million tax cut province-wide.

Proposed changes to Quebec's Act Respecting Municipal Taxation will tighten the timeline for disputing the property values ascribed to smaller apartment and commercial buildings assessed at less than $3 million.

A standing committee of New Brunswick's legislative assembly is exploring whether equipment and machinery used in manufacturing and industrial processes should be factored into the assessed value of the property.

A new government means a new round of scrutiny for Ontario's property assessment agency.

Assessment notices for nearly 16,000 Ontario multi-residential properties will be mailed out next week, delivering valuations determined for the first time with the newly adopted direct capitalization methodology.

Ontario's Municipal Property Assessment Corporation (MPAC) reports province-wide residential property values have increased by an average of 4.5 per since January 2012.

The 2016 Ontario budget announces legislation is coming to "facilitate potential changes" to the property tax rebate on vacant commercial and industrial units.