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Following numerous requests from the municipal sector for this level of government to be recognized as a true development partner and stakeholder, Bill 122, assented to in June 2017, confirmed this status by giving municipalities new powers.
The Act grants new powers to municipal governments enabling them to generate additional revenues and act with greater autonomy.
Let’s take a look at these new tax and financial measures and see how certain municipalities have chosen to apply them, among others, to non-residential and residential buildings, particularly with respect to transfer duties, commonly known as the welcome tax.
Read this article (in French) in the magazine published by the Corporation des officiers municipaux agréés du Québec (COMAQ).