Altus Group Acquires ArGil Property Tax Services

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Altus Group, a global provider of commercial real estate services, software and data solutions, announced that it has acquired ArGil Property Tax Services, a Canadian property tax and paralegal firm based in Toronto. Since 2010, ArGil has been providing property tax recovery and consulting services to multi-residential, commercial and industrial property owners, offering practical and innovative solutions. Their team, comprised of experienced real estate valuators and property tax paralegals, act in the capacity of consultant, advocate
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Ontario Chamber of Commerce Report: Ontario property tax system more urgent than ever, after COVID-19

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The team at Argil Property Tax Services have been keeping watch noting urgencies, this past year. Toronto Star Business Reporter Rosa Saba sums up a number of their concerns within this article: “A new report by the Ontario Chamber of Commerce says an overhaul of property taxes and more municipal autonomy will be key to Ontario’s recovery from COVID-19. The report, titled “Better Budgets: Bolstering the Fiscal Resilience of Ontario’s Municipalities,” calls for a review
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Municipalities face insurance premium spike, forcing service cuts, property tax hikes

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Increases of approximately 20-30% is driven by shrinking pool of insurers, more claims, and uncertainty around payout amounts “TORONTO — Canadian municipalities reeling from a pandemic-driven hit to revenues are facing an added blow from surging liability insurance costs, forcing them to raise property taxes or even cut services for residents.” Excerpt from the Financial Post. To read the complete article, click here.
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