The appellant appealed a decision of the Assessment Review Board regarding the assessment of a commercial office building.
The Board had reduced the property's current value to achieve equity with similar lands in the vicinity pursuant to s. 44(3)(b) of the Assessment Act.
The Divisional Court determined that the appropriate standard of review for the Board's interpretation of its home statute is reasonableness, departing from older jurisprudence that applied correctness.
The Court found the Board's methodology and interpretation were reasonable given the evidence presented, and dismissed the appeal.
