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Calgary’s small businesses to get break from rising property tax bills

Calgary council said it would find the budgetary savings from other sources.Postmedia file photo

CALGARY — Complaining loudly about crushing tax hikes appears to have paid off for owners of small businesses in Calgary after moves by city hall that will see a 10-per-cent cut in non-residential property taxes this year.

Council voted unanimously during an emergency meeting Monday to slash $60 million from its budget and pull nearly $71 million from its reserves for tax rebates.

The vote followed a rally outside city hall Monday morning during which hundreds of disgruntled business owners said they are facing massive tax hikes that could force a number of them to close their doors.

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