Big cities in Quebec many tax increases in 2023

Big cities in Quebec: many tax increases in 2023

According to a census conducted by the Association desproprietors du Québec, several major cities have announced significant tax increases for 2023.

• Also read: Several increases are in sight for 2023: Your wallet will taste it

• Also read: The UMQ wants a better distribution of tax revenues

“Inflation, rising costs, rising wages, new infrastructure works, so many reasons being cited to justify the steepest tax hikes of 2023,” the Association of Quebec Landlords (APQ) said in its round of tax hikes posted on its website has been published.

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

In 2023, Laval will impose a new $100 annual tax on homes that heat with oil, raising the tax rate to 4.8% from 1.9% in 2022.

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

On the Sherbrooke side, tax rates remain unchanged at 3%, except for buildings valued over $750,000, which are taxed higher.

The same goes for Lévis, which will increase its tax on buildings with six units or more to 6.8%, in addition to an overall increase to 4.6%, while the 2022 tax rate was 2.5%.

Granby will suffer a significant gap as the city grows from a -10% rate in 2022 to a positive 3.5% rate in 2023.

Gatineau will rise 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 had a tax freeze in 2022, will drop to a rate of 4.86% from 2023.