Edmonton homeowners will see their property taxes go up while businesses will get a break on theirs as the result of a vote at a city council meeting on Wednesday.
Councillors voted 9-4 in favour of raising residential property taxes to 2.5 per cent and freezing property taxes for non-residential ratepayers.
The justification for raising taxes on homeowners was to help out struggling businesses. De facto, however, businesses will actually see their taxes decrease.
City council voted to approve using the portion of taxes it collects for the provincial education budget to offset part of the taxes paid by non-residential ratepayers.