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In August 2023, the Ontario government announced that it was postponing a provincewide property reassessment as it conducts a new review of the accuracy and fairness of the system. In 2022 alone, MPAC added more than $37.8 billion to municipal rolls across Ontario through its assessments of new construction and renovated properties.
The land deal is worth $237 million. [2] [19] As part of its joint venture with the Algonquins of Ontario, the CLC is redeveloping the site at 299 Carling Avenue. [20] Canada Lands entered into a Participation Agreement with the Algonquins of Ontario for the redevelopment of the former CFB Rockcliffe in Ottawa, now known as Wateridge Village. [21]
Crown land, also known as royal domain, is a territorial area belonging to the monarch, who personifies the Crown. It is the equivalent of an entailed estate and passes with the monarchy, being inseparable from it. Today, in Commonwealth realms, crown land is considered public land and is apart from the monarch's private estate.
By the 1840s, however, the crown lands department had been established over which the Commissioner presided, and by 1860, this was renamed the Department of Crown Lands. The primary responsibility of the department was the sale and management of public lands and the granting of land to settlers.
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.
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That was the pattern of land ownership in the earliest British settlements in what is now eastern Canada. When the Crown granted land to settlers, the land grant normally included all minerals, other than precious minerals. [6] The result is that in Ontario, Quebec, and the four Atlantic provinces, much of the mineral rights are privately owned ...
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