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New tax adds unexpected expense to development near metro stations in Montreal, developer says

Mach Group 'shocked' by levy after years of discussions, planning for major project near future metro station
Mach Group plans to build thousands of housing units at its Carrefour Langelier shopping centre in Montreal. (CoStar)
Mach Group plans to build thousands of housing units at its Carrefour Langelier shopping centre in Montreal. (CoStar)

A real estate development company says that it was blindsided by a new tax on projects within one kilometre of the upcoming blue line metro station extension in Montreal, as Mach Group says it was not made privy to a possible levy during eight years of planning a major undertaking in the area.

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