Assessments don’t reflect true market value due to lag

ROGER TAYLOR BUSINESS COLUMNIST r taylor@herald.ca @CH_RogerTaylor When it comes to property assess­ments, it wouldn’t be wrong to say Property Valuation Services Corp. is behind the times. That’s because the independent agency, which assesses the market value of all property in the province, is basing its 2015 assess­ments on the representative mar­ket value on Jan. 1, 2013 — two years ago. The two-year lag takes the pressure off Property Valuation Services to collect the information it needs and present its assess­ments in a more immediate time frame. While it may work for the valu­ation service, Giselle Kakamou­sias, property tax vice-president…

QUINPOOL FOOTPRINT

Developers must follow the rules The Chronicle Herald Voice of the People  Why is another Halifax neigh­bourhood up for grabs? HRM’s Municipal Planning Strategy and Land Use By-law were intended to guide a rational planning process for the city. They were developed through extensive public consultation and approved by our elected representatives on HRM council. By representing citizens’ shared view of what constitutes “the public good,” these documents should minimize individual negotiations with private interests. If circumstances in HRM change substantially, these docu­ments permit some flexibility through a “development agree­ment.” The application by APL Properties (George Armoyan) for a development…

Council in dark on discharge violation

Council in dark on discharge violation  BRETT BUNDALE HALIFAX CITY HALL bbundale@herald.ca @bbundale Halifax regional councillors were kept in the dark after the municip­ality was charged with breaking the province’s environment laws. The provincial Environment Department issued the city a summary offence ticket for violat­ing water discharge rules at the Otter Lake landfill last February, around the same time council was considering changes to the garbage dump. However, council was not in­formed of the charges against the municipality. “We received a violation from the province back in February,” Richard Butts, Halifax’s chief administrative officer, told council Tuesday. “It was our…

Dartmouth insurance firm goes national

BILL POWER BUSINESS REPORTER bpower@herald.ca @CH_HeraldPower About 35 years ago, a Dartmouth single mother started her own insurance company. Now her son is successfully taking the business national. “We’ve always been in growth mode,” Jamie Reid, president of A.P. Reid Insurance Ltd. , said Monday in an interview. A.P. Reid is opening a business development office in Edmonton. It follows a similar move in Ontario last year. Reid said there were about six staff involved when he joined the business his mother, Aileen, star­ted in 1980 and about 60 today. About 25 people work at the Dart­mouth headquarters, and most…