Northern ontario town selling land for $10
The municipality of Cochrane, Ont.
The municipality of Cochrane, Ont. He told the CTV News the town of 5, is on a mission to jump-start property sales. Prospective migrants can look forward to its natural beauty and wildlife. The city also boasts of the only animal sanctuary in the world dedicated to the care of polar bears. Construction, trades and hospitality and tourism are also prominent industries, the city website says.
Northern ontario town selling land for $10
Ten dollars for a prime piece of land? Sounds too good to be true. But the Town of Cochrane, Ont. The town owns approximately vacant lots that it has set aside to sell at discounted prices. Batteries for electric vehicles are driving demand for lithium and nickel. Located between Cochrane and Timmins is the largest base metal mine in the country, which plans to expand its operations to meet demand. With a labour boom imminent, the town is hoping their proposal will bring in new residents. Politis says that anyone contributing to the housing inventory is eligible, regardless of age. So, anyone building a new home on a vacant lot can receive a rebate. While the municipality has no say over the sales price of private lots, if the seller offers a significant discount, they could receive a tax rebate. The town has also been in discussion with developers about building subdivisions and retirement communities. The developers would receive these lots at discounted prices, and the municipality would have no control over the price they were resold to buyers. So the town is being selective about who it does business with. At the moment the tax rebate portion of the program is still being fleshed out, and the town hopes to launch it in January
Latest from Shopping Essentials. With a labour boom imminent, the town is hoping their proposal will bring in new residents.
As northern communities feel the pressure to build more housing to attract families and skilled workers, the Town of Cochrane is working on an incentive program that it hopes will turn some heads. The incentive program would also offer to waive property taxes on new homes for a certain period of time. The president of the Federation of Northern Ontario Municipalities, Danny Whalen, said new housing initiatives are welcome in the region and that most municipalities are either working on or open to housing development plans. He warns, however, that forgoing revenue, albeit temporarily, for potential long-term gain can be risky. So, you need a good financial strategy and you need a good communication plan for your current residents. Local industries want employees to be able to live where they work, he said, and so the goal is to take advantage of that demand.
Ten dollars for a prime piece of land? Sounds too good to be true. But the Town of Cochrane, Ont. The town owns approximately vacant lots that it has set aside to sell at discounted prices. Batteries for electric vehicles are driving demand for lithium and nickel. Located between Cochrane and Timmins is the largest base metal mine in the country, which plans to expand its operations to meet demand. With a labour boom imminent, the town is hoping their proposal will bring in new residents. Politis says that anyone contributing to the housing inventory is eligible, regardless of age. So, anyone building a new home on a vacant lot can receive a rebate.
Northern ontario town selling land for $10
The municipality of Cochrane, Ont. The initiative was announced after the northeastern Ontario municipality held a council meeting last month to discuss and ultimately adopt the plan. Initial interest in the program has been strong, according to the mayor. At the same time, reaction within the community of more than 5, has been mixed, he said. Details on eligibility for the incentive are being developed and will be released in the coming weeks, the municipality said. The program is set to launch in early The co-founders of a company formerly contracted by the Canada Border Services Agency, who raised concerns about the process for doling out government contracts and instigated probes into the ArriveCan app controversy, says the federal government's contracting process is 'absolutely not' giving Canadian taxpayers value for their money. A dinner hosted by Prime Minister Justin Trudeau in honour of his Italian counterpart had to be cancelled this evening after pro-Palestinian demonstrators blocked entrances to the venue where it was set to take place. Seventy per cent of the world drives on the right while 30 per cent of it drives on the left. The question is: how come?
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