Municipal Property Assessment Corporation

DARABASE URGES COMMERCIAL PROPERTY OWNERS IN CANADA TO FUTURE-PROOF THEIR ASSETS BY SAFEGUARDING 'PROPERTY DIGITAL RIGHTS'

Retrieved on: 
Tuesday, February 6, 2024

Darabase Canada will also champion local adoption efforts of the darabase.io platform, the world's first PDR inventory registry.

Key Points: 
  • Darabase Canada will also champion local adoption efforts of the darabase.io platform, the world's first PDR inventory registry.
  • "Property Digital Rights play a pivotal role in protecting property owners' existing assets while simultaneously offering an avenue for new, passive income streams.
  • Entering the Canadian market via a strategic partnership with GroundBreak Ventures, Darabase Canada is dedicated to aiding property owners in safeguarding and future-proofing their assets.
  • Darabase's integration of Property Digital Rights into asset valuation marks a significant stride toward value creation in our progressively digital landscape."

ONTARIO RESIDENTIAL BUILDING PERMITS RETURN TO PRE-PANDEMIC LEVELS ACROSS ALL CATEGORIES

Retrieved on: 
Wednesday, May 3, 2023

Last year, 108,080 building permits were issued across Ontario for new development as well as home improvement.

Key Points: 
  • Last year, 108,080 building permits were issued across Ontario for new development as well as home improvement.
  • Despite a decrease from the previous year, permits are still up from pre-pandemic, 2019 levels by 22 per cent (51,597 permits issued).
  • Below is an overview of the data analyzed by category:
    Total Building Permits – 108,080 permits were issued across Ontario, down by approximately 11.6 per cent from 2021.
  • Residential Sheds – shed permits are also down, dropping to 3,409 permits in 2022— almost a 20 per cent decline from 2021.

Ontario Divisional Court decision provides progress towards more equitable taxation in Ontario

Retrieved on: 
Wednesday, March 22, 2023

TORONTO, March 22, 2023 (GLOBE NEWSWIRE) -- A recent decision by the Ontario Divisional Court represents significant progress towards increasingly equitable and fair taxation in Ontario municipalities.

Key Points: 
  • TORONTO, March 22, 2023 (GLOBE NEWSWIRE) -- A recent decision by the Ontario Divisional Court represents significant progress towards increasingly equitable and fair taxation in Ontario municipalities.
  • The decision comes after the Top Aggregate Producing Municipalities of Ontario (TAPMO), with leadership from the County of Wellington, advocated for changes in how aggregate producing sites are taxed.
  • Aggregate producers in Ontario have benefitted from a property assessment approach that favourably classifies their land since 2008.
  • The ARB ruled primarily in favour of the County of Wellington’s position, which the Ontario Divisional Court further upheld in early February 2023.

Vectra Becomes AWS Security Competency Partner

Retrieved on: 
Wednesday, June 29, 2022

SAN JOSE, Calif., June 29, 2022 /PRNewswire/ -- Vectra AI, a leader in threat detection and response, today announced that it has become an Amazon Web Services (AWS) Security Competency Partner—further confirming its technical expertise and proven customer success when further safeguarding AWS environments. The competency designation recognizes that Vectra has demonstrated deep cloud security expertise and has proven technology that helps customers further enhance their security measures across hybrid architectures and cloud environments.  

Key Points: 
  • An AWS Security Competency differentiates Vectra as an AWS Partner Network (APN) member that provides specialized threat detection technology designed to help enterprises adopt, develop, and deploy complex security projects on AWS.
  • Vectra achieved its AWS Security Competency status through a rigorous qualification process based on references and feedback from its customers.
  • "Becoming an AWS Security Competency Partner is an exciting milestone for Vectra and for many of our customers who leverage AWS as a critical component in their everyday operations," saidMichael Porat, Vectra SVP, Corporate and Business Development.
  • "Achieving the AWS Security Competency validates Vectra for its technical expertise and ability by enabling customers to further secure their journey through the different stages of cloud adoptionfrom migration through day-to-day management," said Dudi Matot, Security Segment Lead at AWS.

Open Letter to Premier Doug Ford re: One Ontario Proposal to Streamline the Development Application Approval Process

Retrieved on: 
Wednesday, October 20, 2021

We need your leadership and support for the establishment of a Development Approval One Window Data and Information Exchange Standard that will lay the groundwork necessary for streamlining and digitizing the development approvals process.

Key Points: 
  • We need your leadership and support for the establishment of a Development Approval One Window Data and Information Exchange Standard that will lay the groundwork necessary for streamlining and digitizing the development approvals process.
  • After extensive preparation, in March of this year, we submitted a proposal to the Ministry of Municipal Affairs and Housing (MMAH).
  • Research shows that streamlining and integrating the development approval process will result in up to a 70% reduction in approval time to develop projects.
  • One Ontarios proposal will lay the groundwork for a modern solution that will ensure Ontario remains a growing, economically robust, and innovative province.

Wellington County And Top Aggregate Producing Municipalities Call For Fair Approach To MPAC Property Valuation

Retrieved on: 
Tuesday, August 18, 2020

Wellington County and other TAPMO members presented several policy-driven solutions to Mr. Cho that would make the Municipal Property Assessment Corporations (MPAC) property tax valuations equitable.

Key Points: 
  • Wellington County and other TAPMO members presented several policy-driven solutions to Mr. Cho that would make the Municipal Property Assessment Corporations (MPAC) property tax valuations equitable.
  • MPACs current property tax valuation structure unfairly sees active gravel pits incurring less property tax than single family homes and small businesses.
  • Ontario municipalities are therefore eager to find a solution that is fair for all involved: the municipality, taxpayers, and aggregate producers.
  • The Top Aggregate Producing Municipalities of Ontario (TAPMO) are collaborating to work with industry partners and provincial decision-makers to developing a sustainable plan for aggregate extraction.