Approach to reducing greenhouse gases would puts municipality “on cutting edge” in B.C., mayor says
A proposal to give tax exemptions when rental-apartment buildings or commercial buildings are switched to more energy-efficient heating and cooling systems has been unanimously endorsed by Saanich council.
“This would be a first of its kind, certainly for a community of our size. We’ll see what kind of impact we would have and the level of success we would have in attracting a building owner who is interested in doing these kinds of upgrades.”Saanich staff will now work on the plan’s details and come back to council for consideration of implementing it, Murdock said.
The exemption assumes there is a natural-gas backup to the system that is put in place, and an electrical-service upgrade is not needed. One positive aspect would be to preserve aging rental-apartment complexes that might instead be sold for such uses as private condominium ownership, he said, with about nine such buildings around the municipality eligible.It would be a chance “to throw a lifeline to that aging rental stock” and extend its life for rental purposes, Murdock said.
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