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Mayoral candidate Jenny Motkaluk (HANDOUT) Mayoral candidate Jenny Motkaluk (HANDOUT)

WINNIPEG — Mayoral candidate Jenny Motkaluk has unveiled her campaign’s property tax plan, promising to cap rates at 1.16 percent annually for four years.

During an announcement Thursday at her campaign headquarters, Motkaluk says her plan would protect homeowners against drastic rate increases.

“The ‘gotcha’ property tax hike days in Winnipeg are over. Stability and predictability are what homeowners want and deserve,” Motkaluk said.

“For the first time ever, homeowners will enjoy year over year certainty on their property taxes and never be subjected to outrageous increases and questionable assessments.

Incumbent Mayor Brian Bowman has said his plan would see an annual 2.33 percent property tax increase in line with the rate of inflation.

“The current property tax regime is unfair to each homeowner because it forces their property values to be subject to everyone else’s rate and be adjusted to meet a contrived total. That makes absolutely no sense and is anything but fair,” added Motkaluk.

Motkaluk’s annual 1.16 percent tax would apply to owner-occupied properties only, while commercial and rental properties would pay a maximum 1.16 percent annual rate increase on a top-line basis.