Bill C-411
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SUMMARY
This enactment amends the Income Tax Act to allow the Minister of Finance to remove a charge on real property or an immovable to allow for the redevelopment of the real property or immovable where it would be in the public interest to do so.
This enactment also requires the Minister of Finance to enter into discussions with ministers of the provincial and territorial governments for the purpose of establishing a national plan for the removal of government liens or causes of preference from derelict and brownfield properties.
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