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Calgary

CRE bears brunt of property tax burden: Canada-wide update

Steve McLean Commercial Government National Nov. 9 2022

Seven out of the 11 major Canadian cities surveyed by Altus Group have a commercial tax rate more than double the residential tax rate, according to the 2022 Canadian Property Tax Rate Benchmark Report.

CF, Hopewell buy 146 acres near Calgary, plan 2.3M sq. ft. of industrial

Don Wilcox Commercial Industrial Calgary Nov. 7 2022

A 146-acre parcel of industrial development land at the Rosemont Business Park just outside Calgary has been acquired by Cadillac Fairview and Hopewell Development, with plans to construct several buildings comprising 2.3 million square feet of gross leasable area.

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