The action is included in a list of initiatives associated with Bill 66, the proposed Restoring Ontario's Competitiveness Act, even though none of the bill's dozens of legislative amendments pertain to the Assessment Act.
It's estimated that equitable apportionment could push residential rates 2.2 per cent higher than the proposed 1.8 per cent increase for fiscal year 2020, while commercial rates would drop and industrial rates remain the same.
The REMI Network's editorial team takes a look at last year's top stories and how they will continue to impact the commercial real estate industry in 2019.
One third of survey respondents acknowledge that their homes could be problematic for residents or visitors with a disability, while more than one quarter of those who currently report a disability are planning to move.
It's estimated that equitable apportionment could push residential rates 2.2 per cent higher than the proposed 1.8 per cent increase for fiscal year 2020, while commercial rates would drop and industrial rates remain the same.