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Examples
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I am prepared to consider tax incentives for the private sector to build new rental units, such as an extension of the PST exemption to include all new multiresidential apartment units, elimination of the provincial capital tax on new apartment construction or putting newly constructed apartments on a level property-tax playing field.
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Canmarc expanded its retail portfolio by 20 per cent after it paid $114.9-million in September for 29 shopping centres while selling 42 multiresidential buildings in Atlantic Canada for $65-million $37-million in net proceeds.
The Globe and Mail - Home RSS feed Ross Marowits 2011
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Right now, Planning Director Jim Gilmour said, such a facility could open without a permit in any area zoned for multiresidential uses.
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The change to zoning law would require residential facilities that Police Chief Keith Ternes called "quasi-correctional" to receive a city permit if they are in the multiresidential zones designed for apartments.
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