{"id":37560,"date":"2018-01-22T11:40:44","date_gmt":"2018-01-22T16:40:44","guid":{"rendered":"https:\/\/www.northeastmortgages.ca\/?p=37560"},"modified":"2021-02-06T01:44:37","modified_gmt":"2021-02-06T00:44:37","slug":"montreal-enough-tax-hikes","status":"publish","type":"post","link":"https:\/\/www.nordest.ca\/blogue\/en\/montreal-enough-tax-hikes\/","title":{"rendered":"Montreal has had enough of tax hikes."},"content":{"rendered":"<p><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Montreal has had enough of tax hikes! <\/span><span style=\"vertical-align: inherit;\">This is the message that protesters brought to Point-Claire City Hall on Sunday afternoon. <\/span><span style=\"vertical-align: inherit;\">Mayor Valerie Plante can dress up the hikes as she wants but the Mille rate is about to change and it will have an impact greater than what you might think. <\/span><span style=\"vertical-align: inherit;\">Some of the largest hit are the demerged municipalities.<\/span><\/span><\/p>\n<p><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">The increases to shared municipalities are as follows &#8230;<\/span><\/span><\/p>\n<ul data-reactid=\"547\">\n<li style=\"list-style-type: none;\">\n<ul data-reactid=\"547\">\n<li data-reactid=\"548\"><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Town of Mount Royal: 9.8%<\/span><\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul data-reactid=\"547\">\n<li style=\"list-style-type: none;\">\n<ul data-reactid=\"547\">\n<li data-reactid=\"550\"><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Montreal West: 9%<\/span><\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul data-reactid=\"547\">\n<li style=\"list-style-type: none;\">\n<ul data-reactid=\"547\">\n<li data-reactid=\"552\"><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Dorval Island: 7.1%<\/span><\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul data-reactid=\"547\">\n<li style=\"list-style-type: none;\">\n<ul data-reactid=\"547\">\n<li data-reactid=\"554\"><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Westmount: 6.7%<\/span><\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul data-reactid=\"547\">\n<li style=\"list-style-type: none;\">\n<ul data-reactid=\"547\">\n<li data-reactid=\"556\"><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Pointe Claire: 6.3%<\/span><\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul data-reactid=\"547\">\n<li style=\"list-style-type: none;\">\n<ul data-reactid=\"547\">\n<li data-reactid=\"558\"><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Baie D&#8217;Urf\u00e9: 5.7%<\/span><\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul data-reactid=\"547\">\n<li style=\"list-style-type: none;\">\n<ul data-reactid=\"547\">\n<li data-reactid=\"560\"><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Dollard-des-Ormeaux: 5.3%<\/span><\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul data-reactid=\"547\">\n<li style=\"list-style-type: none;\">\n<ul data-reactid=\"547\">\n<li data-reactid=\"562\"><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Beaconsfield: 5.2%<\/span><\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul data-reactid=\"547\">\n<li style=\"list-style-type: none;\">\n<ul data-reactid=\"547\">\n<li data-reactid=\"564\"><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Dorval: 4.2%<\/span><\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul data-reactid=\"547\">\n<li style=\"list-style-type: none;\">\n<ul data-reactid=\"547\">\n<li data-reactid=\"566\"><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Hampstead: 4%<\/span><\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul data-reactid=\"547\">\n<li style=\"list-style-type: none;\">\n<ul data-reactid=\"547\">\n<li data-reactid=\"568\"><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Senneville: 3.6%<\/span><\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul data-reactid=\"547\">\n<li style=\"list-style-type: none;\">\n<ul data-reactid=\"547\">\n<li data-reactid=\"570\"><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">C\u00f4te Saint-Luc: 3.5%<\/span><\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul data-reactid=\"547\">\n<li style=\"list-style-type: none;\">\n<ul data-reactid=\"547\">\n<li data-reactid=\"572\"><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Montreal East: 3.2%<\/span><\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul data-reactid=\"547\">\n<li style=\"list-style-type: none;\">\n<ul data-reactid=\"547\">\n<li data-reactid=\"574\"><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Kirkland: 2.8%<\/span><\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul data-reactid=\"547\">\n<li data-reactid=\"576\"><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Sainte-Anne-de-Bellevue: 7.4%<\/span><\/span><\/li>\n<\/ul>\n<p><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">The Mille rate is what is used to calculate the amount of your taxes, it is the multiply or the <\/span><\/span><em><strong><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">rate<\/span><\/span><\/strong><\/em><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\"> . <\/span><span style=\"vertical-align: inherit;\">The <\/span><\/span><em><strong><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">tax base<\/span><\/span><\/strong><\/em><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\"> is based on comparables that are sold in your neighborhood. <\/span><span style=\"vertical-align: inherit;\">Currently, we are on a three-year system 2016-2019. <\/span><span style=\"vertical-align: inherit;\">As of next year, we will be seeing the tax base increase as well. <\/span><span style=\"vertical-align: inherit;\">This will have a major impact on peoples tax bills. <\/span><span style=\"vertical-align: inherit;\">Already, properties in certain municipalities are astronomical.<\/span><\/span><\/p>\n<p><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">The other impact that this will have is on those who were looking to get pre-approved for mortgages. <\/span><span style=\"vertical-align: inherit;\">If you were pre-approved last year, or even at the beginning of this year, you will see your buying power be reduced by $ 5,000 to $ 10,000 depending on the areas that you are looking to buy.<\/span><\/span><\/p>\n<p><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">This week during The Real Estate Show we had Mayor Alan DeSousa from Ville St. Laurent with us to discuss what the new budget means and how it will impact Montrealers.<\/span><\/span><\/p>\n<p><a href=\"https:\/\/youtu.be\/ywjE12tIzJg\"><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">You can watch the entire show here<\/span><\/span><\/a><\/p>\n<p><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">In a statement, Benoit Dorais, executive committee chair, defended the increases, stating that they are caused by &#8220;new collective agreements for police and firefighters, higher pension costs, as well as increased funding of public transit and water services.&#8221;<\/span><\/span><\/p>\n<p><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">The 2018 budget is up from previous years by 5.2% to a total of $ 5.47Billion. <\/span><span style=\"vertical-align: inherit;\">The full breakdown is as follows.<\/span><\/span><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/i.cbc.ca\/1.4481275.1515613894!\/fileImage\/httpImage\/image.JPG_gen\/derivatives\/original_620\/montreal.JPG\" alt=\"Montreal \" \/><\/p>\n<p><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">The best advice I can give to homeowners is to buckle down and analyze how money is being distributed in the household finances. <\/span><span style=\"vertical-align: inherit;\">It is important now more than ever to have a proper plan that looks at all the elements of your finances. <\/span><span style=\"vertical-align: inherit;\">Things are about to get more expensive. <\/span><span style=\"vertical-align: inherit;\">Question is how will you react to the change?<\/span><\/span><\/p>\n<p><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">My advice to the city of Montreal and to Valerie Plante: If you want to have more money for your budget, bring more money into the city! <\/span><span style=\"vertical-align: inherit;\">Increase jobs and decrease public spending. <\/span><span style=\"vertical-align: inherit;\">It is time to put politics aside and make Montreal into the booming metropolis that it should be. <\/span><span style=\"vertical-align: inherit;\">Enough with tax hikes!<\/span><\/span><\/p>\n<p><a href=\"https:\/\/www.nordest.ca\/contact_courtier_immobilier.php\"><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">If you have any questions please feel free to contact us.<\/span><\/span><\/a><\/p>\n<p><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Thank you for reading.<\/span><\/span><\/p>\n<p><span style=\"vertical-align: inherit;\"><span style=\"vertical-align: inherit;\">Terry Kilakos<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Montreal has had enough of tax hikes! This is the message that protesters brought to Point-Claire City Hall on Sunday [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":37561,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"featured_image_urls":{"full":["https:\/\/www.nordest.ca\/blogue\/wp-content\/uploads\/2018\/01\/benoit-dorais-and-valerie-plante.jpg",620,349,false],"thumbnail":["https:\/\/www.nordest.ca\/blogue\/wp-content\/uploads\/2018\/01\/benoit-dorais-and-valerie-plante-150x150.jpg",150,150,true],"medium":["https:\/\/www.nordest.ca\/blogue\/wp-content\/uploads\/2018\/01\/benoit-dorais-and-valerie-plante-300x169.jpg",300,169,true],"medium_large":["https:\/\/www.nordest.ca\/blogue\/wp-content\/uploads\/2018\/01\/benoit-dorais-and-valerie-plante.jpg",620,349,false],"large":["https:\/\/www.nordest.ca\/blogue\/wp-content\/uploads\/2018\/01\/benoit-dorais-and-valerie-plante.jpg",620,349,false],"1536x1536":["https:\/\/www.nordest.ca\/blogue\/wp-content\/uploads\/2018\/01\/benoit-dorais-and-valerie-plante.jpg",620,349,false],"2048x2048":["https:\/\/www.nordest.ca\/blogue\/wp-content\/uploads\/2018\/01\/benoit-dorais-and-valerie-plante.jpg",620,349,false],"post-thumbnail":["https:\/\/www.nordest.ca\/blogue\/wp-content\/uploads\/2018\/01\/benoit-dorais-and-valerie-plante-150x84.jpg",150,84,true],"melissa-img-706-471":["https:\/\/www.nordest.ca\/blogue\/wp-content\/uploads\/2018\/01\/benoit-dorais-and-valerie-plante.jpg",620,349,false],"melissa-img-706-auto":["https:\/\/www.nordest.ca\/blogue\/wp-content\/uploads\/2018\/01\/benoit-dorais-and-valerie-plante.jpg",620,349,false],"melissa-img-1200-auto":["https:\/\/www.nordest.ca\/blogue\/wp-content\/uploads\/2018\/01\/benoit-dorais-and-valerie-plante.jpg",620,349,false]},"post_excerpt_stackable":"<p>Montreal has had enough of tax hikes! This is the message that protesters brought to Point-Claire City Hall on Sunday afternoon. Mayor Valerie Plante can dress up the hikes as she wants but the Mille rate is about to change and it will have an impact greater than what you might think. Some of the largest hit are the demerged municipalities. The increases to shared municipalities are as follows &#8230; Town of Mount Royal: 9.8% Montreal West: 9% Dorval Island: 7.1% Westmount: 6.7% Pointe Claire: 6.3% Baie D&#8217;Urf\u00e9: 5.7% Dollard-des-Ormeaux: 5.3% Beaconsfield: 5.2% Dorval: 4.2% Hampstead: 4% Senneville: 3.6% C\u00f4te&hellip;<\/p>\n","category_list":"<a href=\"https:\/\/www.nordest.ca\/blogue\/en\/category\/uncategorized\/\" rel=\"category tag\">Uncategorized<\/a>","author_info":{"name":"Terry Kilakos","url":"https:\/\/www.nordest.ca\/blogue\/en\/author\/hdgyye73sy\/"},"comments_num":"0 comments","yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v18.6 (Yoast SEO v21.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Montreal Has Had Enough Of Tax Hikes - New 2018 Municipal Taxes<\/title>\n<meta name=\"description\" content=\"Montreal has had enough of tax hikes! This is the message that protesters brought to Point-Claire City Hall on Sunday afternoon. Mayor Valerie Plante can dress up the hikes as she wants but the Mille rate is about to change and it will have an impact greater than what you might think. Learn more - Click Here\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.nordest.ca\/blogue\/en\/montreal-enough-tax-hikes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Montreal has had enough of tax hikes.\" \/>\n<meta property=\"og:description\" content=\"Montreal has had enough of tax hikes! This is the message that protesters brought to Point-Claire City Hall on Sunday afternoon. Mayor Valerie Plante can dress up the hikes as she wants but the Mille rate is about to change and it will have an impact greater than what you might think. 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