N.B. election: campaign enters second week [Video]

With housing a prominent topic in the New Brunswick provincial election, Liberal Leader Susan Holt says her government if elected will overhaul the province’s property tax system to ensure it is affordable, competitive, transparent, and fair.

Making the announcement in Saint John, Holt says her team has heard from a number of residents about their worries of being able to stay in their homes with the property taxes having jumped as much as 40 per cent in recent years.

“The current assessment process is broken,” says Holt. “What we are proposing today is a complete overhaul of the property tax system, from how we assess to the Assessment Act to the property tax system, the rates of the categories that are in place and how those bills land at your door. We are going to do this in partnership with municipalities because the current system does not deliver municipalities the …