Property tax rate to rise 1.86 per cent in 2018

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Yellowknife’s property tax rate will rise an estimated 1.86 per cent in 2018. The tax hike was approved by city council Monday when it adopted next year’s $76.56-million city budget. The property tax increase however, is notably smaller than the 5.64-per-cent hike originally proposed by city administration. Property taxes are expected to generate about $27.8...