Edmonton Tightens Tax Rules for Derelict Buildings

0:00Edmonton City Councilors have approved tough new tax rules for owners of rundown commercial and business buildings. Starting soon, taxes could rise by up to 57% on properties that stayed derelict unless owners renovate or demolish them. The city already runs a similar program for vacant homes, launched in 2023. It is worked well, with many houses either fixed up or torn down since then. Community members and nearby business owners spoke out at recent meetings. They describe how these empty buildings draw vandalism, crime, and serious fire or safety dangers. City staff pinpointed 20 non-residential properties that qualify, all based on public complaints. Owners who demolish or repair mid-year will get partial tax relief, and assessment notices could arrive in two years. These steps signal the city's commitment to tackling the problem head-on and meet to revive neighborhoods and cut risks for everyone around. That wraps Canada news today. Brought to you with AI, I'm Corey with The Story.