Vancouver council leans to shifting some property tax burden from businesses to residences

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If council approves the proposed tax shift, it would be in effect on the final property tax notices going out in May.

Vancouver council heard recommendations Monday both for and against shifting two per cent of the property tax burden from businesses to residential properties.Council heard a series of presentations in support of the shift, including representatives of neighbourhood business improvement associations, the Building Owners and Managers Association, the Greater Vancouver Board of Trade, and the Canadian Federation of Independent Businesses.

Timing for this decision is “extremely tight,” the city manager, Sadhu Johnston, told council. If council approves the proposed tax shift, it would reflected in property tax notices going out in May. Michelle Barile, executive director of the West Broadway Business Improvement Association, disagreed with that that reasoning, telling council: “Some solutions that are broad are still solutions, and we need those solutions. If someone needs an oxygen tank to breathe but they also have cancer spreading through their body, do we not give them that oxygen tank?”

 

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What is going on?Eastern Europeans and other immigrants are in charge of this city?! Where are the smart and competent Anglosaxons? GreenAdriane CarrCouncillor GreenPete FryCouncillor GreenMichael WiebeCouncillor COPEJean SwansonCouncillor OneCityChristine BoyleCouncillor

These immigrants are too agressive. They conquered CityofVancouver from AngloSaxons IndependentKennedy StewartMayor NPARebecca BlighCouncillor NPAMelissa De GenovaCouncillor NPALisa DominatoCouncillor NPAColleen HardwickCouncillor

We need more taxes on speculation. It's still not working well enough. Market hasnt cooled. Commercial sector also needs major cooling down

What about shifting some property tax burdens to The City of Vancouver employees, managers and Mayor?

Insane - why isn't the discussion a tax-cut for small business? Increased residential taxes=higher rents. Am I missing something?

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Vancouver considering shifting tax burden from small businesses to residentsAlthough staff and the mayor are opposed to the shift, some councillors from the two biggest parties say the city needs to send a signal to its struggling businesses that have been hit hard by Vancouver’s soaring real estate values GlobeBC Yaaaaaaaaa, more taxes headed our way......Just what I need. the $1.75/L aint enough
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Vancouver staff: Don't shift property taxes from business owners to homeownersSome advocates who had been calling for the two-per-cent shift to give some tax relief to small businesses are blasting the report by City of Vancouver staff to council.
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