Reading Time: 6 minutes Commercial and residential property taxes are by far the largest source of revenue for Canadian municipalities – about one third of the budgets in large cities. Other revenue streams include provincial grants and licenses, permits and user fees. Residential accommodation is taxed on market-based values. Municipal assessors annually determine and issue an assessment for each […]
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About Michael Osachoff
Michael Osachoff is a graduate of the Master of Management program at the University of Calgary.