Doug Ford: Bill 23: Are New Property Tax Hikes On The Way?

Rally For Greenbelt & Bill 23 Protest Trent Hills Now

Where a rezoning or even website prepare approval is accepted, the estimation is going to continue to be frosted for 2 years. The different price has been lessened to one hectare for every 600 net residential devices if property is actually taken, and one hectare for each and every 1,000 net domestic devices for cash-in-lieu of parkland, and also goes through a limit of 10 every cent of the property for properties five hectares or even less, and also 15 per-cent of the property for lands greater than five hectares. Bill 23 Ottawa.

Bill 23 Update: Revisions Proposed to Bill 23 Following Lengthy Second Reading - McMillan LLP

Bill 23 Explained – BILDgta

The list of such towns may be broadened by guideline. On the date that provisions identifying "upper-tier towns without intending duties" come right into effect, any kind of part of the upper-tier district's formal plan which uses to a lower-tier community is actually regarded to constitute a formal strategy of the lower-tier community till the lower-tier community revokes or modifies it.