Ten per cent was, on reflection, thought to be a little on the high side. Therefore, we are contemplating reducing it to 5 per cent, which I think is really very reasonable, as I say. In the example of the property that had the value of $40,000, 5 per cent of that would be $2,000. The seniors, in addition, could apply for a rebate. As I also mentioned earlier in response to another question, there is possible support through the Income Assistance Policy Manual. I don't think we are contemplating lowering it below 5 per cent, which is a reduction of 50 per cent from what it was. Thank you.
Louis Sebert on Question 210-18(3): Leasing Commissioner’s Lands To Elders
In the Legislative Assembly on March 6th, 2018. See this statement in context.
Question 210-18(3): Leasing Commissioner’s Lands To Elders
Oral Questions
March 5th, 2018
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