A committee vote on a proposed $13-million grant for a hotel at the Ottawa Airport ended in a tie. Here's what happens next. ottnews
A vote at the Finance and Corportate Services Committee on a $13 million tax grant for a proposed hotel at the Ottawa airport ended in a tie.
"There are actually lots of scenarios in the next 25 years where some kind of development will happen on that site and we'll collect 100 per cent of the tax revenues," Sutcliffe said. "If, in the next 10 years, we saw development on the site, we would collect tax revenue and it would add up to more than $4.4 million."
Several business leaders who spoke at committee said they were in favour of giving the grant to build the hotel. Mark Laroche, president and CEO Ottawa International Airport Authority, told committee that investments in the airport are critical to making it competitive. "Hotel use is not a bad use. It's the choice of the airport. We're the one who went to the market to attract a hotel," he said. "If we want to play in the league of a hub airport, we have to have those amenities."
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Mayor Sutcliffe opposes $13M tax break for new airport hotel\u0022I was elected to represent the interests of the taxpayers and residents of Ottawa and I stand with them in opposing this tax break.\u0022
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Mayor Mark Sutcliffe opposes $13M tax break for new airport hotel\u0022I was elected to represent the interests of the taxpayers and residents of Ottawa and I stand with them in opposing this tax break.\u0022
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