Ontario property owners will have one less shifting tableau to contemplate with the postponement of this year’s planned reassessment, which also delays a new four-year property tax cycle that had been slated to begin in 2021. The move was announced in last week’s provincial economic and fiscal update among several measures in response to the COVID-19 outbreak, but additionally opens a window to adjust the mechanics of the assessment process itself.
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Favoured lease horizons vary with economy
Big data underpins analysis from MSCI demonstrating that a higher weighting of long leases delivers better results in the face of a downturn. »READ MORE
IN CASE YOU MISSED IT: Energy demand load shifts to residential base
A significant reduction in greenhouse gas emissions provides at least one bonus of these unprecedented times. Energy management specialists affirm that it won’t be a simple neutral shift from the commercial to the residential sector. Rather, commercial reductions should far outweigh the uptick residential buildings might cause.»READ MORE