Calgary businesses pay 4.6 times more in property taxes than residential homeowners

It took a full hour into the Calgary Chamber of Commerce’s mayoral debate last week — an event partly focused on business issues — when the “ugly reality” of property taxes reared its head with the candidates.

The race to become Calgary’s next mayor, which wraps up Monday, has largely skimmed over a key concern for the city’s business community: commercial property owners facing a much higher burden than homeowners with the same assessment.

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Two years ago, the imbalance to this ratio led council to adopt a multimillion-dollar shift onto residential property owners, amid concern about the possibility of the city reaching a legislated provincial limit on the gap between the business and

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