Showing posts with label Inflation. Show all posts
Showing posts with label Inflation. Show all posts

Friday, January 21, 2011

Holding the line in the Crowsnest Pass

In response to a question I was asked regarding tax increases in the Crowsnest Pass.

Is there anybody that believes the line as been held on Taxes? I don't.

In the George Cuff report it states on Page 86 Municipal Taxes in the Crowsnest Pass, grew at an average of 3.8% between 2002-2007. In 2008 they went up 11.2%, 2009 3.4% and 2010 3.2%. That's an average from 2002-2010 of 4.5% or 40.6% over nine years.

I would describe that far from holding the line.

According to Stats Canada and the Consumer Price Index the cost of living in that same time frame as gone up 21.5%.

Versus 40.6% on taxes that's almost double.

Tuesday, December 21, 2010

Inflation rate for Alberta

Interesting information today from the Canadian Government on the rate of inflation for November Alberta is down to 0.1%
That bodes well for the residential taxpayer that is anticipating tax increases to keep in line with the rate of inflation.

http://www.statcan.gc.ca/subjects-sujets/cpi-ipc/cpi-ipc-eng.htm