Economic fallout from COVID-19 is shifting more of the tax burden to this flourishing group of assets via the mill rate, while also driving up the tax rate, for a double-whammy of consequences in jurisdictions that update valuations annually.
New legislation will introduce prompt payment timelines into Alberta’s construction sector, ensuring contractors get paid on time.
Along with measures to discourage spurious lawsuits, the legislation has implications for commercial real estate operators and any organization with potential scofflaws among its employees or membership.
The move concludes the process begun five months ago when the newly elected United Conservative Party government repealed the carbon tax and eliminated the funding source for the incentives.
Newly adopted amendments to Alberta's Municipal Government Act extend provisions that were initially devised to support the rejuvenation of derelict brownfields to all non-residential properties.
Ontario draws on the legacy of more than a dozen years of programming, while Energy Efficiency Alberta has had little time to capture public or capital planners' attention.
Five agencies are uniting to combat money laundering in B.C.'s housing market.
When the B.C. government introduced the Community Benefits Agreement (CBA) in July 2018, it set off a heated debate within the construction industry.
The NDP government has introduced a new labour agreement for major public-sector infrastructure projects to be administered by a new crown corporation.
Despite information posted on the Energy Efficiency Alberta website for more than a month, commercial customers do not qualify for the new incentives announced in May 2018.
Developers of purpose-built rental housing in Manitoba are losing a tax credit that has been available for the past five years.
Living through construction may be a fact of life for city dwellers, but living through construction can be a fact of life and death for hospital patients.
Starting next year, builders and vendors of residential conversion projects will have to register with Tarion and get approval to proceed with their plans.
Ontario’s residential construction industry is anxiously awaiting tools from the province to help it uphold its workplace health and safety obligations when recreational cannabis becomes legal next year.
The development of courtyard apartments, multiplexes and town homes could be among the building blocks of better housing affordability in Ontario.
The construction industry is a significant driver for the B.C. economy. Without the industry’s impact on the province’s GDP, the government would not be balancing
The new Waterdown Library and Civic Centre is designed to read like a ‘fragment’ of the Niagara Escarpment over which it cantilevers.