Q: Have residential property taxes increased by 51 per cent in the past seven years?

FACT: This is incorrect. The following is an excerpt from Metro Calgary:

When Smith’s campaign was contacted to explain how he arrived at his numbers, they provided a link to the city’s tax levy – the total amount of tax money the city brought in each year.

That number has increased by 53.8 per cent since 2011 when it comes to residential taxes, and 74.9 per cent on non-residential.

University of Calgary Economist Trevor Tombe said saying that number equates to a tax increase is wrong. Instead it shows the growing city’s growing tax base.

Much of that growth will come from a growing city population and from inflation,” said Tombe.

Calgary added about 150,000 new citizens since 2011, according to the city census data. It also had 74,126 housing starts to the end of 2016, each contributing more tax dollars to city coffers. [emphasis added]

FACT: The municipal property tax rate on residential properties increased 23.7% from 2011 to 2016, for an average increase of 3.4% per year. The combined provincial and municipal property taxes paid by homeowners increased by 14.7% from 2011 to 2016. Neither of these numbers are 51%.  Source: City of Calgary

Residential Property Tax Summary

 

FACT: Calgary has the lowest residential property taxes of any major Canadian city.

The following table shows the municipal property taxes on an average two-storey house in Canadian cities.

 Chart

Source: City of Calgary

Note: Comparable information for Toronto and Vancouver was not available for this study. We estimate that taxes for a similar property would exceed $5,000

FACT: The City added 144,235 people from 2011 to 2016. This meant more citizens were paying taxes and that more homes and businesses were built and added to the City’s tax base.  The total taxes collected by the City increased 32% from 2011 to 2016 in order to serve a growing population.

Re-elect Naheed Nenshi for Mayor - 2017