BC City Council Will Partially Reimburse Homeowner for Tax Sale, Equity Loss

BC City Council Will Partially Reimburse Homeowner for Tax Sale, Equity Loss
A real estate sold sign is shown in a Toronto west end neighbourhood on May 16, 2020. The Canadian Press/Graeme Roy
The Canadian Press
Updated:

PENTICTON, B.C.—The mayor and council of Penticton, B.C., offered an official apology and voted to reimburse a woman almost $141,000 after the city sold her home well below assessed value in order to collect a $10,000 property tax bill.

The city called a special council meeting Tuesday to discuss the recommendations that were made last week in a report from the provincial ombudsperson.