this post was submitted on 28 Jun 2023

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Vancouver homeowners could see 9% property tax increase over next 5 years, budget outlook projects | CBC News (www.cbc.ca)

submitted 2 years ago by grte@lemmy.ca to c/britishcolumbia@lemmy.ca

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[–] zephyreks@lemmy.ca 4 points 2 years ago

Isn't this fine? Property taxes have been cut in half since 2000.

[–] Gellis12@lemmy.ca 3 points 2 years ago

Worth noting that the BoC targets a 2% annual inflation rate, which means the cost of groceries is "supposed" to go up 10% over that same period (10.4% compounded)