Thursday, January 7, 2010
Expect Boost In Montreal Property Values
From The Montreal Gazette:
It's "way too early to tell" how big the boost in Montreal Island's municipal evaluations will be in a new tax roll to take effect Jan. 1, 2011, Montreal city spokesperson Patricia Lowe said Tuesday.
The current roll values all buildings and land across the island at $195.7 billion.
Preliminary work began last summer on the upcoming three-year roll. To be unveiled next September, it will provide the basis for municipal taxes levied through the end of 2013 -- –from the western to eastern tips of the island.
Michel Benoit will be keeping an eagle eye on the process.
Read more ....
My Comment: Here comes the ENORMOUS tax increases.