Rental developers must factor property tax rates into their feasibility projections.
Rising incomes and low interest rates have generated tremendous demand for housing across the country.
Calgary city council cut business property taxes by 11 per cent.
Businesses large and small face disproportionate property tax rates for the foreseeable future.
Despite residential hike, Vancouver businesses still disproportionately shoulder property tax burden
Approximately 15 per cent of Montreal's street-level retail spaces are vacant.
Either they must charge higher prices, or they will go out of business.
The total value of office space in Calgary has dropped by 31 per cent.
The growth of capital investment in Canada slowed substantially from 2005 to 2018 compared to earlier periods.
In the Greater Toronto and Hamilton Area, commercial property tax rates were 2.2 times higher (on average) than residential rates.