Burnaby's windfall in tax revenue from oil-tank farm highlights Saint John's struggles - News Summed Up

Burnaby's windfall in tax revenue from oil-tank farm highlights Saint John's struggles


The Cabo de Hornos arrived in Saint John in late July from British Columbia to unload its cargo of western Canadian crude oil . That would make (Saint John) completely prime to live in. ((Irving Oil / Twitter))Irving Oil's crude oil marine terminal at Canaport is slightly larger than an expanded Burnaby facility will be. Former Saint John city councillor and MLA Gerry Lowe advocates higher targeted property taxes on industry in Saint John, something current provincial laws forbid. It is assessed for taxes to be worth $79.2 million, more than double the Canaport crude oil terminal in Saint John.


Source: CBC News October 22, 2020 09:00 UTC



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