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Sunday, June 20, 2010

New Regulations Could Boost Property Taxes












(Rothesay Mayor Bill Bishop)
            (File Photo)

Municipalities might be paying a lot of money to upgrade their wastewater systems. Rothesay Mayor Bill Bishop says the federal government is putting forward some expensive new regulations. The Federation of Canadian Municipalities warns the regulations could cause a 1,000 dollar increase in property taxes a year.
Bishop says Rothesay Town Council is one of many municipalities writing a letter to the federal government asking for it to slow down a bit and set up some cost sharing programs.