The Ottawa Citizen
says that the discovery means that there is potential for a First Nations land claim.
The homeowner, Mike MacDonald, argues that his home, which was assessed at $253,000, is effectively worthless.
The matter will be considered in the fall by the Nova Scotia Utility and Review Board, but until then the $1 assessment means that MacDonald has no property tax to pay.
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A brand new seaside home in Nova Scotia has been given an official assessment of just $1 after the owner found a Mi’kmaq axe in the two acre grounds.