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
Ottawa public school board, 3 Toronto-area school boards launch lawsuit against social media giants
The Ottawa-Carleton District School Board and three school boards in the Toronto-area have launched legal action against social media giants, accusing them of "disrupting students' fundamental right to education."
Several flight attendants from Pakistan have gone missing after landing in Canada
Multiple flight attendants from Pakistan International Airlines have abandoned their jobs and are believed to have sought asylum in Canada in the past year and a half, a spokesperson for the government-owned airline says.
Statistics Canada reports real GDP up 0.6% in January as Quebec strikes end
Statistics Canada says real gross domestic product grew 0.6 per cent in January, helped by the end of public sector strikes in Quebec in November and December.
Tipping is off the table at this Toronto restaurant
A Toronto restaurant introduced a surprising new rule that reduced the cost of a meal and raised the salaries of staff.
Rainfall warnings of up to 90 mm among weather alerts in effect for 7 provinces
Rainfall warnings of up to 90 millimetres, air quality advisories and other alerts have been issued for seven Canadian provinces, according to the latest forecasts.
King Charles calls for acts of friendship in first public remarks since Kate's cancer diagnosis
King Charles III gave public remarks for Maundy Thursday, addressing the importance of acts of friendship, following his and Catherine, Princess of Wales’ cancer diagnoses.
Ukrainian child asylum seekers in St. John’s get class of their own
Roughly 50 children will gathered in a St. John’s classroom for the first time on Saturday for unique lessons on Ukrainian language, culture and history.
A Nigerian woman reviewed some tomato puree online. Now she faces jail
A Nigerian woman who wrote an online review of a can of tomato puree is facing imprisonment after its manufacturer accused her of making a “malicious allegation” that damaged its business.
Donald Trump assails judge and his daughter after gag order in N.Y. hush-money criminal case
Donald Trump lashed out Wednesday at the New York judge who put him under a gag order that bars him from commenting publicly about witnesses, prosecutors, court staff and jurors in his upcoming hush-money criminal trial.