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Edmonton Tightens Tax Rules for Derelict Buildings

Published 1 week ago
Description

Edmonton city councillors have approved a new tax policy targeting rundown commercial and business buildings. Starting soon, taxes could increase by up to fifty-seven percent on derelict properties unless owners renovate or demolish them. The city, which already has a similar program for vacant homes, aims to revive neighborhoods and reduce risks by addressing public complaints about twenty non-residential properties.

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