BREAKING: No Rate Change At Bank Of Canada
Yeah, I know it's really tomorrow but it's just so ridiculously obvious let's get it over with: No change in rates followed by a ton of comments & blather
But starting with the June 5th Rate Announcement things get interesting
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The Bank of Canada started its rate hiking cycle two years ago today. Here's how the economy, the housing market and inflation have all changed.
READ MORE: https://t.co/Sk9oqw0La4
https://t.co/Sk9oqw0La4
If the average house price in Hamilton is $789,852 (current) that means you paid $10,477/ year in property taxes in 2023 and would pay $11,304.68 in 2024, that’s $827.68 more (not the $382 increase they are advertising on the city site and news).
And to think that the police board and our mayor wouldn’t even look at the potential $5mill in savings that could be accomplished in the police budget- NOPE! Instead just raise our already crazy property taxes by 7.9%!