Published • loading... • Updated
Liberals expected to introduce property tax overhaul as legislature resumes
Premier Susan Holt wants a fairer system after average home prices rose 53% between June 2020 and February 2023, officials said.
- New Brunswick's Opposition leader expects the governing Liberals to introduce a long-awaited property tax overhaul due to rising home values and sharp tax increases.
- Progressive Conservative leader Glen Savoie hopes the new legislative session will bring substantial and beneficial changes beyond superficial fixes.
- Property taxes increased sharply during and after the COVID-19 pandemic because of a hot housing market, according to a 2023 report by the Housing Hub of New Brunswick.
- The Liberals froze tax assessments in 2025 and aim to implement a fair, stable property tax system by the 2027 tax year, according to Premier Susan Holt.
Insights by Ground AI
11 Articles
11 Articles
The Toronto Star+9 Reposted by 9 other sources
Liberals expected to introduce property tax overhaul as legislature resumes
FREDERICTON - New Brunswick's Opposition leader says he's expecting the governing Liberals to release their long-awaited overhaul to the system that sets property taxes, which have jumped sharply in recent
·Toronto, Canada
Read Full Article
N.B. Liberals expected to introduce property tax overhaul as legislature resumes
New Brunswick's Opposition leader says he's expecting the governing Liberals to release their long-awaited overhaul to the system that sets property taxes, which have jumped sharply in recent years because of a rapid rise in home values.
Coverage Details
Total News Sources11
Leaning Left6Leaning Right0Center3Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
C 33%
Factuality
To view factuality data please Upgrade to Premium
