General Manager Frank McCarey tells CHSJ News the province is reviewing the Property Tax Act and operations that meet certain criteria, such as servicing youth and elderly, could be exempt from paying 60 to 100 percent of its property taxes.
McCarey believes they fit the criteria and the minister told him he will consider the request.
McCarey says if the request is approved, the savings would not kick in until at least next year. That means the impending cuts coming to transit on Boxing Day are still moving forward.
Transit had a property tax bill of about 378-thousand dollars this year.
