Committee endorses unprecedented tax break for $80M mall reno

Even though the City of Saskatoon has no policy offering tax breaks for retail projects, a city council committee endorsed a five-year abatement for the revamp of the former Sears location.
Midtown Plaza is planning an $80-million renovation of the Sears department store’s former downtown location. If council approves the abatement, which seems likely, the finished project will get a five-year break from paying property taxes.
Midtown Plaza would continue to pay the $4.3 million in propert