Banting Research Foundation Banting Research Foundation The Banting Research Foundation is a registered charity whose object is to fund health and biomedical research in Canada. It was established to support the ongoing research of Frederick Banting and his associates. The Banting Research Foundation was created in 1925 to commemorate the discovery of insulin and to support further medical research by Banting and other scientists in Canada, in the hopes of finding additional medical discoveries of equal importance. A fundraising campaign in 1925, led by Sir William Mulock, Chancellor of the University of Toronto, raised $500,000 from individual and corporate donors to establish an
Highest and best use for a property is arrived at. In any case where the market value of real property is sought, that value must be based on its highest and best use. Highest and best use is always that use that would produce the highest value for a property, regardless of its actual current use. The Appraisal Institute of Canada defines the term highest and best use as: The reasonably probable and legal use of property, that is physically possible, appropriately supported, and financially feasible, and that results in the highest value. The Appraisal Institute defines highest and best use as follows: The