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Letter: Cochrane senior concerned over rise of residential property taxes

Dear editor, We have all heard on the media individuals concerns over the Bank of Canada rising their rates which will raise bank mortgage rates.
Airdrie letters_text

Dear editor, 

We have all heard on the media individuals concerns over the Bank of Canada rising their rates which will raise bank mortgage rates. I have a question for our mayor and city councillors: What about Cochranites who may be forced to sell their residences due to high property taxes? I am a senior on a fixed income and do not qualify for the senior property tax support program of the $500 tax reduction with income under $29,285.

I reside in Crawford Ranch in a half-duplex and with the current increase effective July 1, will be paying $4,848 a year through the TIPP program. Yes; my duplex backs onto the Bow River, but as a condo complex, we receive absolutely no Town support for our tax dollars.

I moved here 10 years ago from Calgary & love where I live but question how I will be able to continue to afford to live in this community.

S. Robertson

Concerned senior homeowner