City committee approves proposed tax on vacant residences

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Ottawa’s finance and economic development committee gave the thumbs-up Tuesday to a proposed tax on vacant residential properties in an effort to boost the city’s rental housing supply.

Under the proposal, owners of residential properties that are vacant more than 184 days a year would pay a one per cent tax tacked onto their annual property tax bill. The tax would not apply to an owner’s principal residence but rather to buildings that serve primarily as income-generating rental properties.


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