On this page
Thank you for your feedback. The consultation closed August 2025. Information about next steps is available on property tax reform.
Overview
As part of the 2024 election platform, the provincial government has committed to overhauling the property tax system.
This includes a review of the centralized property assessment and tax system, with the goal of having a more predictable, transparent, stable, and fair system for the 2027 taxation year and beyond.
Over the past four years, New Brunswick has experienced record growth in its real estate market. This growth led to higher property taxes for many, especially those who own residential properties.
Change is needed. New Brunswickers want fair and stable property taxes moving forward.
What we heard
Over the course of the Discovery phase, we heard thousands of perspectives through the public survey, discussions with local government partners, and targeted stakeholder conversations. While people do not always agree, key themes are clear:
- The system feels unfair and unpredictable.
- Affordability pressures are real and growing.
- Public trust is at risk – transparency is key.
- The system is complex and difficult to understand.
- There are strengths in the current system worth maintaining.
There is appetite for change, but some are also worried about what change might mean.
If you have questions, please send them to [email protected].