Common Council voting in favour of passing a motion to ask the provincial government repeal a tax deal on land occupied by the Canaport LNG terminal.
The 25-year-long tax deal allows Irving Oil to pay $500,000 dollars in property taxes per year on a property that generates millions of dollars annually.
Councillor at large Shirley McAlary says a deal is a deal, but the city has lost out on revenue generated from property tax for too long.
Councillor Gerry Lowe was a driving force behind having the deal looked at again, he says it costs the city $8 million dollars a year in revenue from property taxes and it will cost $200 million by the time the deal is done.
Councillors Greg Norton and Bill Farren voted against the motion.
