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Port Moody ramps up rhetoric against 'under-taxed' provincial and federal lands, voting for study on lost revenue from port terminal and other sites
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Port Moody ramps up rhetoric against 'under-taxed' provincial and federal lands, voting for study on lost revenue from port terminal and other sites
Pacific Coast Terminal image Port Moody council has directed staff to investigate how much tax revenue the city is losing because of provincially and federally imposed tax caps – and to identify every property in the city that isn’t being taxed at its “highest and best use.” The motion, introduced by Coun. Samantha Agtarap on Nov. 18, includes conducting a sweeping analysis of “under-taxed parcels,” as well as a symbolic invoice to be sent to se…
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