The Nova Scotia authorities is not going to transfer ahead with its contentious non-resident property tax in any case.
Premier Tim Houston introduced Thursday that his authorities is scrapping the non-resident property tax for all non-residents who personal residential property in Nova Scotia.
The 2-per-cent tax was adopted final month as a strategy to ease the province's housing crunch.
The announcement comes simply two days after Houston stated he would cut back the non-resident property tax to guard small-cottage homeowners.
"Right now I’ll put my private delight to the facet,” stated Houston at a information convention Thursday. “This coverage was an effort to discover a resolution. It was all the time meant to be a device to assist housing.”
The non-resident deed switch tax will proceed as deliberate, nevertheless.
Each measures have been launched within the spring funds.
However opposition to the plan got here swiftly, principally from communities which have numerous seasonal residents.
“The spin-off dollars which are going to be spent by the those who come to our space for the summer time season is big,” stated Amherst Mayor David Kogon.
Liberal finance critic Kelly Regan says the unique funds announcement got here with out enter from these affected and brought about pointless stress for lots of people.
“Fairly frankly, it turned very obvious to everybody there was no session for this coverage in any respect,” stated Regan. “It was simply scrawled on the again of a serviette.”
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