Major Quebec cities: many tax increases in 2023

Several major cities have announced a significant tax increase for 2023, according to a census by the Association desproprietors du Québec.

Major Quebec cities: many tax increases in 2023

Several major cities have announced a significant tax increase for 2023, according to a census by the Association desproprietors du Québec.

• Read also: Several increases in sight for 2023: your wallet will still taste it

• Read also: The UMQ wants a better sharing of tax revenues

"Inflation, rising costs, rising wages, new infrastructure work, so many reasons that are invoked to justify the steepest tax increases in 2023," said the Association of Quebec Landlords (APQ ) in his round of tax hikes, shared on his website.

Thus, in Montreal, the rates will vary according to the borough, ranging from 1.7% in Ville-Marie to 6% in L'Île-Bizard, can we see in the table. On average, rates will be high at 4.1%, up from 2% in 2022.

In 2023, Laval will impose a new annual tax of $100 on residences that heat with oil, in addition to increasing its rate from 1.9% in 2022 to 4.8%.

In Longueuil, the rate will drop to 5.6%, instead of 3.4% in 2022.

On the Sherbrooke side, the rates will remain unchanged at 3%, except for buildings worth more than $750,000, which will be taxed more.

Same story in Lévis, which will increase its taxes to 6.8% for buildings with six or more units, in addition to a general increase to 4.6%, while the rate was at 2.5% in 2022.

Granby will suffer a considerable gap, as the city will go from a rate of -10% in 2022 to a positive rate of 3.5% in 2023.

Gatineau will go from 1.9% to 2.9%, Quebec from 2.2% to 2.5%, Trois-Rivières from 3.2% to 7.17%, Shawinigan from 2.88% to 6.9% and finally, Rimouski, from 2.9% to 3.6%. Saguenay, which was on a tax freeze in 2022, will drop to a rate of 4.86% from 2023.

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