Homeowners in Vancouver can expect to see a slight increase on their property tax notices over the next few years. "Instead, it reduces property tax for all commercial properties without considering whether or not they need any tax relief," said the report. He says small businesses have been paying an unfair amount of property taxes in Vancouver for a long time. Christine Boyle cast one of the five votes again the tax shift, citing concerns from experts that it doesn't actually achieve its intended goal of helping small businesses. She says the city should use its tools in a focused way to benefit small businesses, like implementing a split assessment.

Source: CBC News April 30, 2019 15:48 UTC