A new report by the Canadian Federation of Independent Business shows small businesses in Manitoba have been hit hard by property taxes in some municipalities.

A CFIB survey showed 70 per cent of small businesses have seen an increase in their property taxes in the past year,  and over half of them identify these taxes as one of the most harmful costs to their operations.

Hayley Bassett, an Intern with Legislative affairs with the CFIB, adds more.

“The burden of property taxes is particularly challenging for small businesses because their profit incentive, meaning that they pay these taxes regardless of how much revenue they are making.”

The CFIB identifies Winnipeg and Thompson as two municipalities that don’t put a higher tax burden on businesses.

The municipalities of Hanover and Tache (Tashay) are considered to have unfair tax ratios because businesses pay 1.3 times more for property taxes than  home owners.

Bassett says this disparity results in challenges for these businesses.

Catch the full interview with Bassett today at 12:40 and 5:10 on Thompson Today