Northern ontario town selling land for $10

The municipality of Cochrane, Ont. The initiative was announced after the northeastern Ontario municipality held a council meeting last month to discuss and ultimately adopt the plan.

As northern communities feel the pressure to build more housing to attract families and skilled workers, the Town of Cochrane is working on an incentive program that it hopes will turn some heads. The incentive program would also offer to waive property taxes on new homes for a certain period of time. The president of the Federation of Northern Ontario Municipalities, Danny Whalen, said new housing initiatives are welcome in the region and that most municipalities are either working on or open to housing development plans. He warns, however, that forgoing revenue, albeit temporarily, for potential long-term gain can be risky. So, you need a good financial strategy and you need a good communication plan for your current residents. Local industries want employees to be able to live where they work, he said, and so the goal is to take advantage of that demand.

Northern ontario town selling land for $10

Ten dollars for a prime piece of land? Sounds too good to be true. But the Town of Cochrane, Ont. The town owns approximately vacant lots that it has set aside to sell at discounted prices. Batteries for electric vehicles are driving demand for lithium and nickel. Located between Cochrane and Timmins is the largest base metal mine in the country, which plans to expand its operations to meet demand. With a labour boom imminent, the town is hoping their proposal will bring in new residents. Politis says that anyone contributing to the housing inventory is eligible, regardless of age. So, anyone building a new home on a vacant lot can receive a rebate. While the municipality has no say over the sales price of private lots, if the seller offers a significant discount, they could receive a tax rebate. The town has also been in discussion with developers about building subdivisions and retirement communities.

Odysseus successfully lands on moon. The town owns approximately vacant lots that it has set aside to sell at discounted prices. Ontario Provincial Police are looking for a driver after a cinder block fell from their truck and caused a vehicle to rollover on Highway early Friday morning.

The municipality of Cochrane, Ont. He told the CTV News the town of 5, is on a mission to jump-start property sales. Prospective migrants can look forward to its natural beauty and wildlife. The city also boasts of the only animal sanctuary in the world dedicated to the care of polar bears. Construction, trades and hospitality and tourism are also prominent industries, the city website says. Property Sale Rebate Program The Town has adopted the concept of providing discounted municipal lot sales and a property Politis told CTV interest has been strong.

During a Dec. At the same council meeting, Politis and council members received a presentation from Jason Ferrigan of JL Richards and Associate Limited, who has been hired by the town to help them execute a community improvement plan CIP. A CIP is a tool that allows a municipality to direct funds and implement policy initiatives toward a specifically defined project area. Ferrigan said the CIP will take between 16 and 20 weeks and has three phases, with Phase Three expected to be completed by April, And so employers will be an important part of that, but we're also looking at targeting and marketing folks from around the province, around the country, around the world, quite frankly, to relocate to the municipality. It also gives them the ability to sell, lease, or dispose of any such buildings and land as well as sell, lease or dispose of any land acquired or held by it in the CIP area to any person or governmental authority, Ferrigan said.

Northern ontario town selling land for $10

Ten dollars for a prime piece of land? Sounds too good to be true. But the Town of Cochrane, Ont.

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Many passengers booked to fly on Lynx Air have been left scrambling after the discount air carrier announced it was ceasing operations on Feb. Lifetime's Wendy Williams documentary will air this weekend after effort to block broadcast fails. Details on eligibility for the incentive are being developed and will be released in the coming weeks, the municipality said. So, anyone building a new home on a vacant lot can receive a rebate. Astronomers spot new tiny moons around Neptune and Uranus. Join the Conversation. The municipality of Cochrane, Ont. Considering a bob? At the moment the tax rebate portion of the program is still being fleshed out, and the town hopes to launch it in January Northern Ont. Stay Connected. Please bookmark nationalpost. Real Estate News. Small Northern Ontario town scores unexpected marketing coup with the promise of cheap lots.

Politis said more than 3, calls have come in from individuals and companies interested in the program. In addition to discounted land, buyers will also receive property tax relief. Some residents are worried that the plan is too ambitious, with the town already facing infrastructure issues.

Northern Ontario. Advertisement 1. Northern Ontario Features. Politis told CTV interest has been strong. Winter weather expected to hit parts of Manitoba, up to 20 cm of snow possible Bitter cold and a heap of snow are expected to land in parts of Manitoba early next week. We ask you to keep your comments relevant and respectful. We apologize, but this video has failed to load. Matty Matheson dishes on making The Bear — and his red carpet style Canadian chef, entrepreneur and actor Matty Matheson opts for homegrown style for red-carpet awards season. RNAO welcomes pharmacare deal. Odysseus successfully lands on moon. Concordia and McGill universities are suing the Quebec government over its new tuition policies, which would raise rates for out-of-province and international students. The program has some current Cochrane residents concerned about how it might affect them. The demise of Calgary-based ultra-low-cost airline Lynx Air will mean Canadians have less choice when it comes to discount air travel and could pay higher fares, industry experts say. Man involved in armed home invasion in North Bay jailed for 18 months.