Don Cayo: City wants to move on soaring assessment values — but not anytime soon

Vancouver council is pursuing a sensible strategy to protect neighbourhood businesses from brutal property assessment increases — but their pace is glacial. No new policy will be in place this year to protect the hundreds of businesses, many of them mom-and-pop shops, from assessment increases of 35 per cent to 70 per cent in several neighbourhoods. And it’s possible there will still be none in time to soften a similar-sized increase forecast for 2017.