More and more seniors are struggling with property tax increases eroding away their often paltry disposable incomes year after year. Cambridge has seen property tax default rates rise 30% from 2021 through 2023. In 2024, Cambridge property taxes will rise by 7.17%. That’s 2.4 times the percentage increase in the incomes of most seniors. Below…

February 11, 2024 ‘The city claims that if they cannot raise taxes by double the inflation rate, then they will have to cut services’ Cambridge property taxes will have risen on average by twice the rate of inflation over the 15 year period from 2013 through 2027, based on the city’s 2024 Budget and the…

Council will be provided a summary. Residents have until Friday to complete an online budget survey in the Engage Waterloo section of engagewr.ca. The proposed tax increase is 7.5 per cent this year, followed by an increase of 7.3 per cent in 2025 and a further 6.4 per cent in 2026. Annual increases would be $110 this year, $116…

The City of Waterloo has proposed a 23% property tax increase over 3 years. At current Regional taxation levels, the City of Waterloo residents will see property taxes increase 4 times the Bank of Canada’s projected rate of inflation three years in a row! The City of Kitchener announced a 3.9% property tax increase for…

Published in Cambridge Today Dec 27, 2023 A group of local taxpayers frustrated with recent property tax hikes is banking on strength in numbers as they prepare to bring a case for municipal tax reform to a provincial committee looking into the region’s two-tier system. “We are advocating for the efficient and effective use of our members’ hard earned property…