As mentioned previously, there had not been an increase in a considerable amount of time. Listening carefully to the concerns that had been raised in this House, we did implement a reduction of residential lease fees to 5 per cent of assessed value, down from 10 per cent, so we felt that that was assisting those residents, most of whom would be living in their own houses on those properties, so that was an actual reduction in fees.
Louis Sebert on Question 325-18(3): Land Lease Rate Changes
In the Legislative Assembly on May 30th, 2018. See this statement in context.
Question 325-18(3): Land Lease Rate Changes
Oral Questions
May 30th, 2018
Page 4068
See context to find out what was said next.