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community revitalization levy [1 record]

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Record 1 2016-06-10

English

Subject field(s)
  • Taxation
  • Taxation Law
CONT

Since 2007, the City of Calgary has invested approximately $108-million to improve infrastructure in the Rivers District. ... What makes this redevelopment story unique is the funding mechanism. Calgary was the first city in Canada to implement a community revitalization levy, or CRL, which sees the portion of taxpayers' property taxes that results from increasing property assessments funneled back into community upgrades.

Key term(s)
  • community revitalisation levy

French

Domaine(s)
  • Fiscalité
  • Droit fiscal

Spanish

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