Originally posted on OttawaWindConcerns:
But the Municipal Property Assessment Corporation (which reports to the Ontario Minister of Finance) says, No. No effect. No problem. No loss.
Read the report here but be aware it is pretty technical. It has to be, to avoid the obvious.
What MPAC left out is very interesting: they didn’t do the area prior to the Green Energy Act, where property value losses have already occurred and the market was distorted significantly, and they left off vacant lots, where the wind power developers have had to go in and buy houses that were rendered uninhabitable and were then removed. They also studied turbines 1.5 MW…
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