Council approves tax on vacant residences

Council approves tax on vacant residences

La version française suit City Council today approved a residential vacant unit tax to be charged on non-principal residences left vacant for more than 184 days in a year. Requiring owners to pay one per cent of the assessed value of such units is meant to encourage...
Committee approves tax on vacant residences

Committee approves tax on vacant residences

La version française suit On Tuesday, March 1, The City’s Finance and Economic Development Committee approved a residential vacant unit tax to be charged on non-principal residences left vacant for more that 184 days in a year. Requiring owners to pay one per cent of...