What Will Edmonton Property Taxes Look Like in 2050?

We have to give credit to the City of Edmonton: they sure are experts in drawing attention away from the huge tax increases over the past decade. The tactics being used are actually a form of crowd manipulation, whereby psychological techniques are used to influence a large group of people. For example, in a recent report[…]

Edmonton Commercial Property Taxes: Limited Time To Act

The City of Edmonton released its draft operating budget today, and to no one’s surprise, they are setting the stage for yet another large increase in property taxes.  While it’s just a draft at this stage, it’s worth noting that the proposed increases does not even take into account other projects such as the Lewis[…]

Businesses in Edmonton Are Asking For A Break in Property Taxes

Joe Rustom, chef and owner of Parkallen Restaurant, said the current business climate in Edmonton is making it difficult for small companies.  A second generation owner, Joe’s parents started the business in 1982.  Over the past decade in particular, taxes have risen considerably, with Joe now estimating his property taxes and utilities cost between $3,500 –[…]

Should Edmonton Property Taxes Continuously Rise to Fund Population Growth?

We’re proud Edmontonians. That was the takeaway Chad wanted to highlight on the Ryan Jespersen Show this week.  On behalf of Prosperity Edmonton, Chad was discussing the need for  the City of Edmonton to hold the line on taxes this year.  Although the rampant increase in City spending put a negative tone on the interview,[…]

New Group Aims to Reduce the Heavy Burden of Edmonton Property Taxes

We’ve written extensively about non-residential property taxes in Edmonton.  Whether it is comparing the tax rate to surrounding municipalities, or showing how egregious the increases have been compared to inflation, this is a problem that has attracted the attention of numerous businesses and industry groups.  Just recently, a group of for-profit and non-profit members has gathered to[…]

Edmonton Commercial Property Taxes are Rising 4x Faster than Inflation

The City of Edmonton just released the tax rates for 2018, and it ain’t pretty. Before we get into the meat of the article, we’ll first provide a brief overview of how the tax rate is determined: The City prepares a budget to estimate how much it will cost to provide municipal services; Somewhat simultaneously,[…]

Get Ready for Higher Property Taxes

City of Edmonton Counselors are patting themselves on the back this week after announcing that property tax rates are only projected to rise 3.6% next year.  While it is lower than the 5% they originally suggested in April, it’s still 3 times higher than what CPI has averaged this past year. The City clearly has[…]

Comparing Edmonton Property Taxes to Surrounding Municipalities

Following up on last week’s article about the shift in Edmonton’s tax rates from 2010 to 2015 (see original article here), we had a few requests to see how property taxes compared across the region. While most municipalities make it fairly simple to find the tax information, a few were rather technologically inept, so we[…]

Facts on Edmonton Property Taxes

The City of Edmonton has 376,560 total properties it formally assesses, comprising 352,567 residential properties and 23,993 non-residential (including multi-family).  Even though residential properties make up nearly 94% of the number of total properties, the taxable assessed value tells a different story.  Of a total of $172.3 billion, residential amounts to $115.6B compared to $56.7B for[…]

No Tax Relief for Edmonton’s Commercial & Industrial Property Owners

Commercial and industrial property owners continue to be whipping boy for the City of Edmonton’s out-of-control spending. City council ratified the tax rates for 2017 last Tuesday but there has barely been any reporting of that news.   The City’s website is still showing the tax rates for 2016 (as of May 2) and their[…]