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City of Gatineau: a Net Surplus of $22 Million in 2024 - Gatineau VAT

Summary by tvagatineau.ca
The City of Gatineau has a net surplus of $22 million for the year 2024, a result largely attributable to the increase in real estate transfer fees, notably through the sale of the Les Promenades Gatineau shopping centre and a 10% increase in transactions in the territory. After subtracting the transfers already marked by its financial policy, the City Council is therefore faced with a crucial question: where to invest this surplus? The Executiv…
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The City of Gatineau has a net surplus of $22 million for the year 2024, a result largely attributable to the increase in real estate transfer fees, notably through the sale of the Les Promenades Gatineau shopping centre and a 10% increase in transactions in the territory. After subtracting the transfers already marked by its financial policy, the City Council is therefore faced with a crucial question: where to invest this surplus? The Executiv…

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tvagatineau.ca broke the news in on Tuesday, June 3, 2025.
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