TNRD advocacy pays off with government pausing assessment changes for pipelines
KAMLOOPS — After weeks of uncertainty, B.C. Finance Minister Brenda Bailey has announced there will be no changes to the assessment of pipeline properties in the province. The proposed change was heavily opposed by municipalities and regional districts as it would have resulted in the loss of millions of dollars of taxation.
After advocacy that took them to Victoria and the premier’s office, the TNRD and every municipality in the province have been given a one-year reprieve on proposed by assessment changes to pipeline evaluations.
“We were looking at a $1-million hole in the budget that was going to have to be plugged somewhere else,” said TNRD Board Chair Barbara Roden Thursday (Dec. 18). “This is really great news for the residents and businesses who no longer will have to be plugging that gap. All we were asking for was a postponement, so that appears to be what we got — so we are happy. The advocacy paid off.”


