Thank you, Mr. Chairman. The intent of this legislation respects the fact that the organization, the corporation or subsidiary, would be a government entity and, therefore, would not be paying a municipal tax. However, the matter would be resolved through the policy with regard to the grant-in-lieu provision to municipalities that provides taxation and support for that purpose. Depending on the nature of the entity, it really depends on where you are and whether there's a tax base specifically in the municipality and whether or not there is actually an assessment and tax fee due would govern the way this clause was applied. Thank you.
Mr. Vician on Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on February 16th, 2005. See this statement in context.
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
February 16th, 2005
Page 1305
Vician
See context to find out what was said next.