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ARTICLE · 01 MAY 2014

Wind Turbines Don’t Hurt Property Values

Siskinds LLP
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The Municipal Property Assessment Corporation has released a new report, concluding that wind turbines do not adversely affect the value of nearby properties.

CanadaEnergy and Natural Resources
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The Municipal Property Assessment Corporation (MPAC) has released a new report, again concluding that wind turbines do not adversely affect the value of nearby properties.

"MPAC commissioned this study of the effects of industrial wind turbines (IWT) on the current value of property in proximity to the turbines. Over the last few years, the subject of IWTs has been the subject of a number of reports and studies – both in Canada and worldwide. Past and current studies undertaken by both academics as well as real estate and health professionals have focused on the potential impacts of IWTs on property value and health.

Given MPAC's legislated mandate, this report focuses on the potential impact of IWTs on property values.

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