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The head office is located in Pickering, Ontario. MPAC, formerly known as OPAC (Ontario Property Assessment Corporation), was created on December 31, 1997, as a method to create accurate and equitable assessments across Ontario. MPAC came into existence with the MPAC Act, and it administers the Assessment Act, both part of Ontario provincial ...
Cottage country. Cottage country is a common name in Ontario, New Brunswick, and other regions of Canada for areas that are popular locations for recreational properties such as cottages and summer homes. Cottage country is often socially, culturally, economically, and politically distinct from other rural areas in that it is populated by a ...
Canadian property bubble. The Canadian property bubble refers to a significant rise in Canadian real estate prices from 2002 to present (with short periods of falling prices in 2008, 2017, and 2022) which some observers have called a real estate bubble. The Dallas Federal Reserve rated Canadian real estate as "exuberant" beginning in 2003. [1]
Established in 1997, the Real Estate Council of Ontario is a not-for-profit corporation that regulates the trade of real estate in Ontario in the public interest. On behalf of the Government of Ontario, it administers and enforces the Real Estate and Business Brokers Act, 2002 and its regulations. In Ontario, any individual or business trading ...
The 2023 Triennial Property Value Update has been finalized for Wayne County, tax rates have been certified and 2024 property taxes are now official. Wayne County submitted a 24% total increase of ...
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