Expect Fair Market Value Property Assessments

Residents who have been fortunate enough to be able to consistently contribute to Calgary's remarkable growth over the past quarter century should not be penalized as a result.

The local economy has experienced several Boom & Bust cycles throughout its history, and long-time Calgarians have proved to be resilient in the face of all of them.

However, many of these long-time residents must continue to endure more potential hardships as they approach retirement when Market Value Assessments greatly alter their annual expenditures.

With many retirees living on a fixed income, some must make the awful choice of selling their homes -- the home in which they were able to take solitude during the bust years -- during the wildly fluctuating boom times like today.

Sandy Jenkins believes that long-time residents in established neighbourhoods have paid their dues. As mayor, he will propose a cap on MVAs for homeowners who have held title for 25 years or more.

Time has come for city council to reward those who have built Calgary. A cap on Market Value Assessments will do just that.

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