Northern ontario town selling land for $10

The municipality of Cochrane, Ont. He told the CTV News the town of 5, is on a mission to jump-start property sales.

As northern communities feel the pressure to build more housing to attract families and skilled workers, the Town of Cochrane is working on an incentive program that it hopes will turn some heads. The incentive program would also offer to waive property taxes on new homes for a certain period of time. The president of the Federation of Northern Ontario Municipalities, Danny Whalen, said new housing initiatives are welcome in the region and that most municipalities are either working on or open to housing development plans. He warns, however, that forgoing revenue, albeit temporarily, for potential long-term gain can be risky. So, you need a good financial strategy and you need a good communication plan for your current residents. Local industries want employees to be able to live where they work, he said, and so the goal is to take advantage of that demand.

Northern ontario town selling land for $10

The municipality of Cochrane, Ont. The initiative was announced after the northeastern Ontario municipality held a council meeting last month to discuss and ultimately adopt the plan. Initial interest in the program has been strong, according to the mayor. At the same time, reaction within the community of more than 5, has been mixed, he said. Details on eligibility for the incentive are being developed and will be released in the coming weeks, the municipality said. The program is set to launch in early Search Search CP24 X. Related Stories You can now apply to own a home on the Toronto Islands. Here's how. These are the most affordable Ontario cities to buy a house in News Tips Report Errors.

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Ten dollars for a prime piece of land? Sounds too good to be true. But the Town of Cochrane, Ont. The town owns approximately vacant lots that it has set aside to sell at discounted prices. Batteries for electric vehicles are driving demand for lithium and nickel. Located between Cochrane and Timmins is the largest base metal mine in the country, which plans to expand its operations to meet demand. With a labour boom imminent, the town is hoping their proposal will bring in new residents.

As northern communities feel the pressure to build more housing to attract families and skilled workers, the Town of Cochrane is working on an incentive program that it hopes will turn some heads. The incentive program would also offer to waive property taxes on new homes for a certain period of time. The president of the Federation of Northern Ontario Municipalities, Danny Whalen, said new housing initiatives are welcome in the region and that most municipalities are either working on or open to housing development plans. He warns, however, that forgoing revenue, albeit temporarily, for potential long-term gain can be risky. So, you need a good financial strategy and you need a good communication plan for your current residents. Local industries want employees to be able to live where they work, he said, and so the goal is to take advantage of that demand. The town is expected to finalize its new housing incentive program next month, he said, with the hope of launching it in January of next year.

Northern ontario town selling land for $10

Ten dollars for a prime piece of land? Sounds too good to be true. But the Town of Cochrane, Ont. The town owns approximately vacant lots that it has set aside to sell at discounted prices.

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Some options being considered are waiving the property taxes over the first few years. Here's what to know about getting a refund Many passengers booked to fly on Lynx Air have been left scrambling after the discount air carrier announced it was ceasing operations on Feb. Entertainment News. Police are investigating a shooting that allegedly happened in Alliston on Kidd Crescent late Thursday afternoon. Liberals and NDP reach deal on pharmacare. Please bookmark nationalpost. New species of giant anaconda discovered. At the moment the tax rebate portion of the program is still being fleshed out, and the town hopes to launch it in January Criminal investigation ongoing after year-old woman dies at Strathroy, Ont. Winter weather expected to hit parts of Manitoba, up to 20 cm of snow possible Bitter cold and a heap of snow are expected to land in parts of Manitoba early next week. Have a cancelled Lynx Air flight? Northern Ontario Features.

Politis said more than 3, calls have come in from individuals and companies interested in the program. In addition to discounted land, buyers will also receive property tax relief.

The Arizona Coyotes have put forward Adam Ruzicka on unconditional waivers to terminate his contract. Task force recommends creation of independent N. Search Search CP24 X. Small Northern Ontario town scores unexpected marketing coup with the promise of cheap lots. Entertainment News. City council is mulling ways to limit the cost of major Edmonton infrastructure projects to better budget for them and to potentially increase local jobs. Ukrainian photo exhibit explores impacts of war on anniversary Russian invasion As the war in Ukraine approaches the start of a third year, Edmontonians are being invited to reflect on the devastation of the war as it wages on. With a labour boom imminent, the town is hoping their proposal will bring in new residents. RCMP confirms 'alarming' cyber event targeting its networks The RCMP confirmed on Friday it was dealing with a cyber event that targeted its networks, forcing it to launch a criminal investigation into the breach. Police response to the Uvalde shooting was riddled with failures, new DOJ report says. This advertisement has not loaded yet, but your article continues below. As northern communities feel the pressure to build more housing to attract families and skilled workers, the Town of Cochrane is working on an incentive program that it hopes will turn some heads. Please bookmark nationalpost. Search nationalpost. Blue Jays bench coach Mattingly embraces challenge of new offensive co-ordinator role.