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Ottawa, October 4, 2012 - “There has been a lot of attention recently on the need to “cool” the real estate market across the country,” said Ottawa Real Estate Board President, Ansel Clarke. “While there may be a need in some areas, we emphasize that real estate is local, and conditions and prospects will vary among major market areas and indeed within market areas. Historically the Ottawa ...
Suburbs stuck with higher tax bills as assessment increases phased in
Many Ottawa residents living inside the Greenbelt face a significant hike in property taxes over the next four years as a result of new provincial assessments.
Most suburban Ottawa residents – those living outside the Greenbelt – will see little or no increase in their property taxes due to reassessment.