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Article content Political manoeuvring was in overdrive on Wednesday, when Mayor Jim Watson won support to tie a controversial $3-million tax break for a Porsche dealership to a multimillion-dollar long-term investment in affordable housing. With a vote of 15-9, Ottawa city council approved an application from Mark Motors to receive property tax relief for a new Porsche dealership planned for 458-470 Montreal Rd. We apologize, but this video has failed to load. Try refreshing your browser, or Tax break for Porsche dealership makes sharp turn to 'messy' payoff for affordable housing Back to vi...

Ottawa's finance committee has unanimously approved a tax break worth up to $2.9 million for a future Porsche dealership on the main business strip of a lower-income area, despite residents who argued it would be "social assistance for millionaires."

  OTTAWA -- The City of Ottawa's finance and economic development committee (FEDCo) has given the green light to a $2.9 million grant to build a new "world class" Porsche dealership at the corner of Montreal Road and St. Laurent Boulevard. The project by Mrak Holdings Inc., a.k.a. Mark Motors of Ottawa, would be built at 458 Montreal Rd., currently the site of an Audi dealership, while an existing Porsche dealership stands just down the street at 611 Montreal Rd. Mark Motors owner Michael Mrak said the site has sentimental value to his family. "We always have our roots in the east end. ...

Article content The finance and economic development committee on Tuesday supported a proposed $2.9-million property tax break for the development of a new Porsche dealership. The dealership eyed for 458 Montreal Rd. at St. Laurent Boulevard is eligible for financial help under the Montreal Road community improvement plan (CIP). This would be the first grant under the Montreal Road CIP. We apologize, but this video has failed to load. Try refreshing your browser, or Committee endorses property tax break for new Porsche dealership in Vanier Back to video City staff support Mark Motors’ app...

Ottawa's finance committee will consider a $2.9 million city grant for a future luxury car dealership in the Vanier neighbourhood next week, under a program aimed at stimulating businesses along Montreal Road.