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To keep the policy "fair," the only units that qualify for the full $20,000 relief are those that remain as rental units for the full six years of the program, or condominiums that are assessed below $250,000 at the time an occupancy permit is issued.
Again, a very clever and well-thought-out policy that avoids the criticism of subsidizing only the rich. Another important feature of the new policy is to make the funds available per unit, not per building. That allows for greater density or more residential units on one site. A developer could build 50 units and receive up to $1 million of tax subsidy. Until now, the maximum was $250,000 per building.
The other element is the length of the program. Both relate to the amount of subsidy. Six years is not long enough. Based on present tax r...
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... planned to eliminate the public subsidy of $1.95 per vote to the political parties (more i...Building on that principle, Professor Hogg contends that an...
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... -- a licensed plumber, electrician or building contractor -- must take out the required permits a...
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... an intensification of the information and subsidy approach. Although the newly elected federal gover..., energy distribution networks, buildings, electricity generating stations, large industrial...
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Unfortunately, this turned out to be a massive miscalculation. [Stephen Harper] clearly thought moving the vote subsidy from the budget bill would blunt the opposition's appetite for defeating the government. He didn't notice, however, that the opposition was building its case for a coalition government on another issue entirely.
The reality for the Tories is that [Jim Flaherty]'s preposterous economic statement is a much more viable reason to bring down the Harper government. Had Harper left the vote subsidy a matter of confidence, he could have portrayed his enemies as desperate leeches who would bring down a government to sustain their allowances.
There is peril for the opposition if the public views a bid for a coalition government as arrogant and anti-democratic. Or if the alliance...
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Rail is the technology of the past, not the future, some grump - ignoring the success of high-speed rail in Europe, new environmental realities, the stimulus effect of building all those locomotives and tracks, not to mention President Barack Obama's $8-billion investment in modernizing rail travel in the U.S. Besides, high-speed rail corridors will cost at least $30 billion, say critics - a folly in an underpopulated, car-addicted country. Naysayers insist it would need vast public subsidy to extend the grid from Labrador and northern Manitoba to energy-hungry southern Ontario, raising the threat of U.S. trade reprisals on power we already ship south.
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... funding to help offset the cost of building the suite, the city has to approve their applicati... many people have applied for a provincial subsidy?. Last year, the province unveiled a subsidy of up...
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... out, is an extremely inefficient way of building communities. It sucks up enormous quantities of no... residential unit, they represent a hefty subsidy to sprawl. . The same applies to a slew of other p...
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... district in Chinatown, a fourth heritage building is now facing demolition. Why do historic building... outside the Exchange, a million-dollar subsidy for the Avenue Building did sterling pre-election ...
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..., housing project or apartment building--the social composition of the resident population... drastically reduced for three years, a subsidy the City fully expected to recoup in a few years t...