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Property Tax Relief

Property Tax Relief

On May 8, the Government of Ontario announced that the special tax subclass for “creative co-location facilities” was made law. This policy innovation will result in lower overall space costs paid by artists and organizations at eligible hubs (determined through an application process), and will have a lasting impact on cultural space affordability in the GTA. Read Urban Toronto’s latest post for background on the issue.

Featured image, left to right: Marc Glassman, Tim Jones, Margie Zeidler, Ward 20 Councillor Joe Cressy, Liberal candidate Han Dong

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