Tuesday, October 27, 2015

2nd Ontario Land Transfer Tax?

On October 26th, OREA launched their latest campaign against the spread of the Municipal Land Transfer Tax - www.DontTaxMyDream.ca.

We can't emphasize the urgency of this issue enough - the Ministry of Municipal Affairs and Housing has confirmed to OREA that they plan on giving municipalities the ability to charge a second municipal land transfer tax. Unless we can change their minds, legislation granting these new powers could come into force as early as Spring 2016. Meaning the tax could show up in your market as early as Fall/Winter 2016! 

Help STOP this unfair tax grab - go to www.DontTaxMyDream.ca and tell your MPP!

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