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Nav Canada seeks to cut tax value of control towers

(courtesy Nav Canada)
Nav Canada, the company that operates air traffic in Canada is looking to cut the value of its air traffic control towers.

In Kelowna's case it wants to cut the value to twenty bucks from something in the millions of dollars.

Last month, it appealed the property assessments of its towers at four B.C. airports, including those in Penticton and Castlegar.

Those appeals were successful and that's a problem for the cities served by those airports.
Those assessments are used to calculate how much property tax NAV Canada pays to local municipalities.

Four cases are now headed to B.C. Supreme Court, but the outcome could have a big impact on other Canadian cities that have airports, including Kelowna.

Kelowna International Airport is the third busiest airport in B.C. and Keith Grayston directs the city's financial services department.

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