Quote:
Originally Posted by st7860
Commercial properties in Vancouver pay a larger percentage of taxes than in most ther cities.
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It would be interesting to compare stats.
If true, could this be dissuading companies from locating here, and thereby hindering much-needed economic expansion and diversity
{and by consequence, better transi
t?}
Unless commercial property tax revenue
is vital to the functioning of the city, why not try lowering 'em waaay down. Tis might attract more higher-end companies and concommitant salaries.
The only real offset to that might be the grotesquely bloated housing prices.