Regina city councillor wants to charge owners of derelict buildings

Regina city councillor Victoria Flores proposed an amendment to the city report to levy taxes on owners of derelict and unlivable buildings. The policy could modestly boost municipal revenue and incentivize remediation of blighted properties but is confined to Regina's municipal jurisdiction and unlikely to materially impact broader markets or sectors.

Analysis

Regina city councillor Victoria Flores proposed an amendment to the city report to levy taxes on owners of derelict and unlivable buildings. The policy could modestly boost municipal revenue and incentivize remediation of blighted properties but is confined to Regina's municipal jurisdiction and unlikely to materially impact broader markets or sectors.