Summary
In 2008, Winnipeg's mayor -- famous for extending the city's property-tax freeze -- approached former Manitoba premier Gary Doer with the idea of allowing Winnipeg to create a land-transfer tax. But the province rejected the informal proposal when the recession began and the real estate market began to cool off.
Thompson's formal motion and Winnipeg's informal proposal were both rebuffed by the Doer government. "In the end, it just wasn't the right time," [Sam Katz] said. "The market changed, it wasn't the right time and that was the end of it.""It's written a little phoney," said Charleswood-Tuxedo Coun. Bill Clement. "You say it's $180 to the consumer, but it's $680 to the consumer."See the full content of this document
Extract
Katz Sought Land-Transfer Tax in 2008
Province rejected informal proposal as recession began
Mayor Sam Katz sought permission to levy a tax on real estate transactions two years before city property inspectors proposed a bylaw that would require anyone selling a home to pay higher ...See the full content of this document
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