Canada's Department of Finance has launched public consultation on the taxation of vacant land, including federal support for provincial, territorial, and municipal tax measures structured around a core tax base of land that is:
- Vacant;
- Residentially (or mixed-use) zoned;
- Serviceable by municipal infrastructure (e.g., roads, water, sewage, and electricity); and,
- Physically developable (e.g., appropriate lot size, no site contamination).
The federal government would engage with each provin…