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Opinion: Proposed change to Saskatoon tax ratio sends chilling message

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The Greater Saskatoon Chamber of Commerce opposes changes to the ratio that outlines how much businesses and residential property owners pay in taxes.

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As temperatures start to warm up outside, there is a lingering chill that threatens our business climate and economic growth. It comes on the heels of the 2025 commercial property tax reassessment roll and proposed changes to Saskatoon’s leading commercial-to-residential tax ratio.

Some may be surprised to learn that businesses pay $1.63 in property tax for every $1 paid by residents. In 2013, city council committed to adjusting this ratio to $1.43 over 11 years and fully implemented prior to the 2025 revaluation year.

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It was not an arbitrary target. It was a smart and deliberate move — based on principles of tax fairness and sound economics — to position Saskatoon as a destination for job creators and ultimately grow our city’s tax base.

Through hiring and expansions, growing businesses increase both residential and commercial tax revenue for our city, lessening the burden on those of us already here.

Then, as now, it was believed that this target ratio would strike the right balance between residential and commercial property owners given the income tax differential between the two.

Thanks to the leadership of successive councils, Saskatoon made progress toward this goal, strengthening our reputation as an attractive place to create........

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