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Wednesday, February 12, 2014

Abandoned Building Problem Gets Attention From Province

Abandoned buildings are a real problem in some areas--and now, the provincial government will be able to recover more than $3.4 million in overdue taxes on abandoned properties.

Changes to the Property Tax Act will let them collect taxes that are seriously behind, work with municipalities to remove dilapidated buildings, and make it easier to sell them.

More than 400 properties can't be sold at a tax sale because property owners have died without a will or heirs, or remain AWOL despite exhaustive research.

The amendments will free up the properties to be lived in or redeveloped.