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This article was published 10/2/2014 (1233 days ago), so information in it may no longer be current.
Privatizing the province's property registry will make it faster and easier for Manitobans to find and register documents, the government said Monday as it officially inked a deal with an Ontario-based service provider.
The Selinger government announced it would sell the registry to Ontario-based Teranet for $75 million more than a year ago. The two sides formally signed the deal Monday morning.
On top of the purchase price, Teranet Manitoba will pay royalties to the government in exchange for a licence to provide property registry services to the public.