Cost of housing in Canada

[Lumber]

I don't think you would, and I don't think our property taxes would have risen as much.

The reason we have to keep putting them up is the cap, we need to raise taxes to cover the shortfall it creates.

Mind you we also need a city council that understands needs V wants...

Ive been in my house 15 years, I am capped. And I think its wrong.

Capped as in it never goes up? How does that work? How is that even at thing?

 

[Halifax Tar]

Capped as in it never goes up? How does that work? How is that even at thing?

I dont understand your question.

Capped Assessment Program (CAP) | Property Valuation Services Corporation

In addition to providing annual property assessments, PVSC administers the Capped Assessment Program (CAP) on behalf of the Nova Scotia Government. The Capped Assessment Program (CAP) places a ‘cap’ on the amount that the taxable assessment for eligible residential property can increase year...

www.pvsc.ca

 

[mariomike]

Home buyers calculating Property taxes across Canada may find this of interest to the discussion,

Canada Property Tax Guide 2026​

Highest to Lowest Property Taxes Across Canada in 2026​

Major Cities With the Highest and Lowest Property Taxes Across Canada​

Canada Property Tax Guide 2026 - nesto.ca

Compare property taxes across Canada by province and city. Learn how municipal tax rates affect your mortgage qualification and affordability.

www.nesto.ca