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Municipalities defend business tax rates

B.C. cities and towns still charge businesses almost three times the residential rate on average, according to the Canadian Federation of Independent Business.
89942BCLN2007Steele-Barbara
Union of B.C. Municipalities president Barbara Steele

Local governments in B.C. have shown "a sliver" of improvement in their tax policies, but still place too heavy a burden on business, the Canadian Federation of Independent Business says in its annual survey.

"In 2010, small businesses paid 2.79 times more in property taxes than residents on the same value of property," the CFIB says in its latest report, released Tuesday.

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