Non-profit worried Glace Bay youth centre will come with unaffordable tax bill

New Dawn says it welcomes government capital funding, but the unintended consequence is higher property tax

CBC NewsTom Ayers

New Dawn Enterprises is grateful for a federal-provincial infusion of millions of dollars into the new youth facility that's about to get built in Glace Bay, N.S.

But the non-profit agency says the investment comes with an unintended consequence.

The brand new building will dramatically increase the property value and, as a result, the municipal taxes.

"It puts you in a very precarious position," said New Dawn vice-president John Whalley. "So you go into this property development — a large develop…

Continued...

Read the full story on the CBC website

Non-profit worried Glace Bay youth centre will come with unaffordable tax bill

SOURCE www.cbc.ca

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https://capebreton.lokol.me/s/non-profit-worried-glace-bay-youth-centre-will-come-with-unaffordable-tax-bill-5470-9797757
CBC NewsTom Ayers, Posted: Aug 01, 2024 5:00 AM EDT | Last Updated: 8 minutes ago
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