Further Thoughts on December 17/2018 Walk and Talk from Your Local Realtor Brad Sinclair: Municipal Council Pay and Comparisons and National Shortage Crisis

Municipal Council Pay and Comparisons 

Effective 2019 Municipal elected officials lose a 1/3 tax exemption that helped supplement their pay. Because of this loss of the exemption most councils throughout Ontario last year voted to bump up the pay of the next council. City of Peterborough's last council did not do this for some reason. Here is what local councils typically pay.

Peterborough councillor $27,720 (Council is looking for 30% to 40% pay raise)
City of Kawartha Lakes Councillor $48,050
Selwyn Councillor $22,029

City of Kawartha Lakes Deputy Mayor $50,970
Selwyn Deputy Mayor $26,767

Peterborough Mayor $67,703
City of Kawartha Lakes Mayor $111,790
Selwyn Mayor $39,823

National Shortage Crisis

Canada has a new crisis! There is a national shortage of product. What product you ask? Pot.  This national shortage is holding up the licensing process for recreational retail cannabis stores across Ontario. Alberta has stopped allowing new stores to open and Quebec is reducing stores operation hours and days open. The OCS now is working with federally licensed producers to monitor the availability of supply of pot and will continue to urge the federal government to take immediate action to insured licensed producers ramp up production in order to meet the anticipated market demand of their product. So in other words the government is really crappy drug dealer.

That is all I have for you today.  
When you are in a need for a Realtor Check me online at www.bradsinclair.ca I would like to have you business.

Written for you by:

Your local Realtor®

If you are looking to either Buy or Sell in Selwyn or Peterborough contact me immediately at 705-927-6236

Brad Sinclair, Sales Representative
Royal LePage Frank Real Estate Brokerage
Solving Problems and Making Things Happen in Real Estate since 2007



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