Property tax deferral for Alberta seniors set to go for this tax year

Alberta’s seniors minister says a property tax deferral for homeowners 65 or older is now available.

SHERWOOD PARK — Alberta’s seniors minister says a property tax deferral for homeowners 65 or older is now available.

George VanderBurg says he expects the program will free up $50 million over the next three years for more than 23,500 seniors households.

Seniors with at least 25 per cent equity in their homes can defer all or part of their residential property taxes through a low-interest home equity loan with the province.

VanderBurg says interest on the loan will be at prime and there are no fees to apply or hoops for applicants to jump through.

The program is aimed at keeping more seniors in their homes for longer periods of time.

A loan is to be repaid when a home is sold, or sooner if the owner wishes to pay.

Just Posted

A lesson in excellence and success

Mary Kemmis, president of the Prairie Division of Black Press Media, and… Continue reading

Gravel operations could cloud pristine trout stream, say conservationists

Border Paving proposes to excavate below the waterline near the Raven Rriver

Campus under siege as Hong Kong police battle protesters

HONG KONG — Police tightened their siege of a university campus where… Continue reading

US angers Palestinians with reversal on Israeli settlements

WASHINGTON — The Trump administration on Monday said it no longer considers… Continue reading

City of Red Deer to look into provincial funding for new pool

The City of Red Deer might be keeping its head above water… Continue reading

Central Albertans help families during holidays with Christmas Wish Breakfast

It takes a community to help a community. And Sunday morning at… Continue reading

Your community calendar

Nov. 19 The Mountview Sunnybrook Community Association will hold its AGM at… Continue reading

Opinion: The buck stops with Red Deer city council

Red Deer city council has taken measures to distance itself from decisions… Continue reading

Campus under siege as Hong Kong police battle protesters

HONG KONG — Police tightened their siege of a university campus where… Continue reading

US angers Palestinians with reversal on Israeli settlements

WASHINGTON — The Trump administration on Monday said it no longer considers… Continue reading

Pence aide’s testimony renews focus on VP’s Ukraine role

WASHINGTON — He knew nothing about the Ukrainian backchannel, his aides say.… Continue reading

Crown seeks Supreme Court of Canada hearing in railway terror case

OTTAWA — The Crown is asking the Supreme Court of Canada to… Continue reading

Environment groups say climate change should dominate cabinet mandate

OTTAWA — Several environment leaders say Prime Minister Justin Trudeau needs to… Continue reading

Trudeau’s cabinet choices have domino effect on House of Commons work

OTTAWA — As Prime Minister Justin Trudeau settles on his choices for… Continue reading

Most Read