FAQs
What properties are included?
According to the Municipal Act 2001, S.O. 2001, a special charge may be levied by the municipality on taxable properties in the downtown improvement area that are in the following prescribed business property classes:
Property Class | Tax Class/ Qualifier |
Commercial - Occupied | CT |
Commercial - Excess Land | CU |
Commercial - Vacant Lands | CX |
New Commercial | XT |
New Commercial Excess | XU |
Parking Lots & Vacant Land | GT |
Office Building-Occupied | DT |
Office Building-Excess Land | DU |
New Office Building | YT |
Shopping Centres-Occupied | ST |
Shopping Centres-Excess Land | SU |
New Shopping Centres | ZT |
New Shopping Centres - Excess | ZU |