The Challenge

Altus partnered with Kruger in developing a multi-faceted approach aimed at reducing assessments and taxes on all of its Quebec properties, through aggressive benchmarking and strong proactive discussions, exchanges and negotiations with officials at all levels.

The Result

Altus’ combined efforts have led to significant assessment and tax reductions on almost all of Kruger’s properties. For example, Altus’ work in Trois-Rivières resulted in total refunds and savings in excess of $2 million over a three year period. Altus is working to further reduce the company’s tax burden by another $1.5 million to $2 million over the next 3-year cycle and is confident it will reach this goal. With our highly skilled and experienced personnel based in Canada, we are able to draw upon a diverse array of real estate experts to resolve the challenges that confront our clients. Our expertise includes real estate appraisal for all asset classes, financial analysis and modeling, urban land economics, costing specialists, project management, asset strategy, capital planning, market research, demographic analysis, land use planning, management consultation, property tax specialists and geomatics.

The Services /Solution

Site Inspection, Tax Consultation, Negotiations and Assessment Appeal, Property Tax Management