While many residents of Tantramar are experiencing tax hikes due to both increased assessments and rising rates in some part of the new municipality, over at the Big Stop in Aulac, property taxes are less this year than they were three years ago.
According to Service NB’s property online system, the tax levy for the Aulac Big Stop, not including the truck stop area next door, was just over $82,000 this year. But in 2020, the tax levy for the same property was just over $85,000. That’s because the assessment on the property took a dip in 2021, knocking about 10% off the Big Stop’s tax bill that year. The assessment went back up in 2022, but actual taxes due have not returned to previous levels, likely due to spike protection, which limits annual tax increases.
The Big Stop and surrounding properties owned by Irving Oil Limited recently sold in a massive internal land deal involving over 100 properties province wide, mostly gas stations and surrounding properties. The deal saw Irving Oil Properties Limited sell properties to Irving Oil Limited for $42.7 million. Irving spokesperson Katherine d’Entremont says via email that the company, “has recently completed some standard internal reorganizations, the effect of which has been to change ownership of certain properties within the Irving Oil corporate group.”
