larry borsato

Unpredictable. Unfocused. Just like life.

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Entries from May 2010

Give us more money.

May 28th, 2010 · No Comments

From today’s National Post, Canada’s mayors are calling for a ‘new partnership’:
Canada’s big city mayors are calling for "a new partnership" between all levels of government, so municipalities don’t have to continuously ask for more funding to deliver services and meet infrastructure needs.
As the article notes, this is just code for a more one-sided [...]

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Why do property assessments always go up?

May 26th, 2010 · No Comments

Apparently Canadian homes are overvalued, according to today’s Financial Post:
A new report from one of the country’s major banks says house prices in Canada are sitting 14% over their "fair" value.
Strangely, the Municipal Property Assessment Corporation (MPAC) has nothing about this on their website. That might suggest that their assessments are incorrect, and municipalities would [...]

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