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Political manoeuvring was in overdrive on Wednesday, when Mayor Jim Watson won support to tie a controversial $3-million tax break for a Porsche dealership to a multimillion-dollar long-term investment in affordable housing.
With a vote of 15-9, Ottawa city council approved an application from Mark Motors to receive property tax relief for a new Porsche dealership planned for 458-470 Montreal Rd.
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Tax break for Porsche dealership makes sharp turn to 'messy' payoff for affordable housing Back to video
The tax break is under a Montreal Road “community improvement plan” (CIP). The city uses CIPs to generate economic activity in targeted areas, giving property owners relief from the expected increases in property taxes that will come from new development.