Business License Needed in Multifam Ownership?

jarrettvaughan

0
Registered
I have recently purchased a multifam in Edmonton and my property manager is asking me to get a business license. Is this a requirement for owning commercial property in Edmonton?

I own the property in a corporation.

Thanks for your help.
 

Thomas Beyer

0
REIN Member
The short answer is yes.

The long answer is: it is just another money grab of a left-leaning city (most cities are run by left-leaning tax-and-spend happy mayors) and you could probably fight it, as you could argue the corporation is not based in Edmonton and the PM operates the asset, not you.
 
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