Sault ramping up marketing of vacant industrial land
A push by the City of Sault Ste. Marie to sell off industrial land will soon begin in earnest.
The city’s economic development committee is meeting with its legal team and a Realtor as it ponders the best means of advertising the lands to potential buyers, while guarding against speculators.
During a recent committee meeting, it was decided the lands will be posted on MLS listings, which is a first for the city. And in an effort to deter speculators, the committee wants to add a stipulation that something must be built on the land within one year of purchase.
The lands being discussed are currently vacant, with no structure on the site.
Mayor Matthew Shoemaker said with a number of former institutional properties sitting vacant, it’s important buyers actually do something to develop the land.
“Out-of-town investors have bought up these properties -- nothing’s happened with them,” Shoemaker said.
“The old hospital is an example, the old St. Marys Paper site is an example, and there were a number of schools where they were just falling into disrepair and no investment being put into them, and that we do not want to see.”
Meantime, the economic development committee said more details on the endeavour could be announced next week.
CTVNews.ca Top Stories
NEW Keeping these exotic pets is 'cruel' and 'dangerous,' Canadian animal advocates say
Canadian pet owners are finding companionship beyond dogs and cats. Tigers, alligators, scorpions and tarantulas are among some of the exotic pets they are keeping in private homes, which pose risks to public safety and animal welfare, advocates say.
NEW Life got in the way of one woman's reunion with her father, but a DNA test gained her a family
Anne Marie Cavner was the closest she'd ever been to meeting her biological father, but then life dealt her a blow. From an unexpected loss to a host of new relationships, a DNA test changed her life, and she doesn't regret a thing.
Doctors ask Liberal government to reconsider capital gains tax change
The Canadian Medical Association is asking the federal government to reconsider its proposed changes to capital gains taxation, arguing it will affect doctors' retirement savings.
How quietly promised law changes in the 2024 federal budget could impact your day-to-day life
The 2024 federal budget released last week includes numerous big spending promises that have garnered headlines. But, tucked into the 416-page document are also series of smaller items, such as promising to amend the law regarding infant formula and to force banks to label government rebates, that you may have missed.
Quebec farmers have been protesting since December. Is anyone listening?
Upset about high interest rates, growing paperwork and heavy regulatory burdens, protesting farmers have become a familiar sight across Quebec since December.
'Catch-and-kill' strategy to be a focus as testimony resumes in Trump hush money case
A veteran tabloid publisher was expected to return to the witness stand Tuesday in Donald Trump's historic hush money trial.
Quebec Health Department reports 28 cases of eye damage linked to solar eclipse
Quebec's Health Department says it has received 28 reports of eye damage related to the April 8 total solar eclipse that passed over southern parts of the province.
Psychologist becomes first person in Peru to die by euthanasia after fighting in court for years
A Peruvian psychologist who suffered from an incurable disease that weakened her muscles and had her confined to her bed for several years, died by euthanasia, her lawyer said Monday, becoming the first person in the country to obtain the right to die with medical assistance.
Diver pinned under water by an alligator figured he had choice. Lose his arm or lose his life
An alligator attacked a diver on April 15 as he surfaced from his dive, nearly out of air. His tank emptied with the gator's jaws crushing the arm he put up in defence.