Montreal tax bills delayed by one month

If you live in the City of Montreal, you'll get an extra month to pay your next round of property taxes.

The Coderre administration is taking advantage of an election year option to delay tabling the city's annual budget until the end of January.

That pushes the due date for the first 2014 property tax installment to April 1 from March 1.

The second installment will be due July 2 instead of June 1.

The one-month delay means the city will lose out on up to four million dollars in interest income.

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