Property taxes

The Greater Nanaimo Chamber of Commerce has asked Nanaimo city council to consider a commercial property tax freeze to help offset negative financial impacts of COVID-19. (News Bulletin file photo)

Nanaimo council asks for report on potential one-year commercial property tax freeze

Report based on chamber of commerce proposal to ease COVID-19 stress on business community

 

A real estate sold sign hangs in front of a Canadian property Friday, Nov. 4, 2016. THE CANADIAN PRESS/Graeme Roy

W-shaped recovery would be ‘very severe’ without government assistance: CMHC

The corporation says the COVID-19 pandemic could trigger nearly 50 per cent drop in housing prices

 

A lakeside home on Ross Road is listed as one of Nanaimo’s top 10 highest-assessed residential properties according to B.C. Assessment, which valued it at $2,369,000. (Chris Bush/News Bulletin)

Nanaimo’s top 10 highest-assessed residential and commercial properties

Owners of single family homes in Nanaimo see assessed values rise five per cent

 

The Neucel pulp mill in Port Alice has been sent to receivership. (Tyson Whitney)

Dormant Northern Vancouver Island pulp mill declares bankruptcy, owes $272 million

Port Alice’s main employer and tax payer has left the village on the hook for $1.8 million

The Neucel pulp mill in Port Alice has been sent to receivership. (Tyson Whitney)
Regional District of Nanaimo directors are expected to vote on the 2020 budget at their Feb. 25 meeting. (News Bulletin file)

RDN budget includes unexpected $1.5 million for sewer pipe replacement

Pipe corrosion at Departure Bay discovered in December

Regional District of Nanaimo directors are expected to vote on the 2020 budget at their Feb. 25 meeting. (News Bulletin file)