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Edmonton

Melcor increases offer to take Melcor REIT private

Don Wilcox Commercial REITs Alberta Nov. 26 2024

UPDATED WITH FC, TELSEC REPLY: Melcor Developments (MRD-T) has increased its offering for Melcor REIT (MR.UN-T) shares 11 per cent, to $5.50 per unit, as it continues efforts to take the trust private despite criticism from minority shareholders.

Sounding the alarm: Property taxes and municipal sustainability

Scott Powell Residential Taxes Edmonton Nov. 1 2024

GUEST SUBMISSION: An examination of the City of Edmonton's Fiscal Gap Report clearly outlines a growing reliance on property taxes for funding, a situation that's not sustainable. Edmonton is not alone ... with limited funding sources, many cities face this problem.

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