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Wednesday, January 13, 2010

Finance Commissioner Defends Property Values

The City's Finance Commissioner says property values in Saint John are 30 per cent lower than than they are in Fredericton and Moncton. Greg Yeomans says that explains why the tax rate in Saint John is higher.


Yeomans says the city is trying to understand why property values are so much higher in the other two major cities of the province.