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Agency for Co-operative Housing
Your co-op probably knows that by qualifying as a non-profit organization providing housing, you can receive GST/HST rebates, but did you know that applying and qualifying for municipal status could open up opportunities for more refunds?
Municipal status was initially created to recognize the
Over the past several years, property owners across Canada have seen steadily increasing property taxes, and housing co-ops are no exception.
With inflation and COVID 19 aftereffects squeezing municipal budgets, we wondered how these increases have played out in the property taxes reported by our
Comparing 2007 and 2020, we saw the median annual contributions per unit almost triple ($1,026 per unit to $3,052).