Post

Part of what’s coming to Halifax Council next week (as an info report) is an overview of the impacts of the CAP, which was requested in Dec:

pub-halifax.escribemeetings.compub-halifax.escribemeetings.com

Dan Peterson

@danp.net

Key findings: CAP shifts the tax burden onto non‑capped properties The gap between market and taxable values is widening CAP creates substantial inequities among homeowners New buyers face “tax shock” Rental market inequities are significant CAP benefits are unevenly distributed

21/8/26, 3:16 pm5 reposts25 likes

Dan Peterson

@danp.net

21 Aug

District‑level disparities are pronounced “The CAP discourages buying, selling, and renovating due to the loss of eligibility, reducing market mobility and potentially suppressing deed transfer revenue.”

Bubble Tey

@terrykhoyt1.bsky.social

21 Aug

Great. Now get the Province to read the report.

Abolish This

@abolish-this.bsky.social

21 Aug

Yeah, I was going to say, I'm glad they're starting to recognize how bad it is, but what could they possibly do about it? Publicly write a letter and bait the province into sticking its fingers back into the city more in retaliation to try to swing public opinion against HRM arguments?