Of course, that depends on the value of the lands as assessed by the MACA assessment unit. That is with respect to Commissioner's land. For an average-sized lot, the cost is often in the area of about $2,000 a year. However, as Members will know, we are proposing a reduction from 10 per cent to 5 per cent, and so that $2,000 lease fee would then be reduced to $1,000 per year. Thank you, Mr. Speaker.
Louis Sebert on Question 268-18(3): Land Tenure Issues
In the Legislative Assembly on March 15th, 2018. See this statement in context.
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