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Province says NO to Municipal Land Transfer Tax

Province says NO to Municipal Land Transfer Tax

 

NEWS

December 1st, 2015

 

The Ontario government made it clear today that it will not be providing municipalities with the option to introduce their own land transfer tax.

Municipal Affairs and Housing Minister Ted McMeekin spoke on the subject today during question period at Queen’s Park.

 

Sudbury MPP Glenn Thibeault is pleased with the announcement.   

 

“It was great to hear the Minister clarify the government’s official position on this issue.  I have heard from hundreds of constituents who were worried that a municipal land transfer tax might be approved.  I am delighted that the misinformation has been put to rest.”

 

See the statement below from Minister McMeekin:

 

“Our government has a strong record of supporting Ontario’s 444 municipalities.  We believe it’s important to have a good working relationship with our municipal partners to ensure that they are able to provide the services their communities need. This year alone, as a result of the combination of provincial uploads and other supports, Ontario’s municipalities are receiving a combined benefit of more than $3.7 billion.

My job as Minister is to be a voice for our municipal partners. And that means listening carefully to our partners and stakeholders as we undertake a regular review of the Municipal Act. We consulted with a wide range of stakeholders during the Municipal Act review period that ended on October 31.

While we are currently reviewing the feedback from our partners, it is clear that there has been no call for a Municipal Land Transfer Tax.  I was pleased communicate our government’s position today, that other than in Toronto, where the power already exists, our government will not be extending Municipal Land Transfer Tax‎ powers to other Ontario municipalities.‎”

 

For more information contact Brian Band, Director of Communications, Sudbury MPP Glenn Thibeault, (705) 675-1914 or bband@liberal.ola.org

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