O. Reg. 224/09: TAX RATES, Provincial Land Tax Act, 2006, S.O. 2006, c. 33, Sched. Z.2
Provincial Land Tax Act, 2006
Loi de 2006 sur l’impôt foncier provincial
ONTARIO REGULATION 224/09
Tax Rates
Historical version for the period June 17, 2015 to April 20, 2016.
Last amendment: O. Reg. 146/15.
This Regulation is made in English only.
Tax rate
1. (1) For the purposes of subsection 4 (1) of the Act, for land in a locality, the tax rate for 2015 for the property classes set out in Column 1 of Table 1 is the rate set out opposite the property class in Column 2. O. Reg. 224/09, s. 1 (1); O. Reg. 446/12, s. 1 (1); O. Reg. 41/14, s. 1 (1); O. Reg. 146/15, s. 1 (1).
(2) For the purposes of subsection 4 (1) of the Act, for land not in a locality, the tax rate for 2015 for the property classes set out in Column 1 of Table 2 is the rate set out opposite the property class in Column 2. O. Reg. 224/09, s. 1 (2); O. Reg. 446/12, s. 1 (2); O. Reg. 41/14, s. 1 (2); O. Reg. 146/15, s. 1 (2).
Tax rate, railway companies and power utilities
2. (1) The tax rate imposed on land described in paragraph 1 of subsection 5 (2) of the Act is $0.12 per acre. O. Reg. 224/09, s. 2 (1); O. Reg. 146/15, s. 2 (1).
(2) The tax rate imposed on land described in paragraph 2 of subsection 5 (2) of the Act is $2.65 per acre. O. Reg. 224/09, s. 2 (2); O. Reg. 146/15, s. 2 (2).
Prescribed power utilities
3. (1) A designated electricity utility, as defined in subsection 19.0.1 (5) of the Assessment Act, is prescribed as a power utility for the purposes of paragraph 2 of subsection 5 (2) of the Provincial Land Tax Act, 2006. O. Reg. 224/09, s. 3 (1).
(2) The following corporations are prescribed as power utilities for the purposes of paragraph 2 of subsection 5 (2) of the Act:
1. Great Lakes Power Limited.
2. Canadian Niagara Power Company Limited.
3. Cedar Rapids Transmission Company Limited.
4. Inco Limited.
5. NAV Canada.
6. Cornwall Street Railway Light & Power Company Limited. O. Reg. 224/09, s. 3 (2).
Minimum annual tax
4. For the purposes of subsection 5 (3) of the Act, the minimum annual tax payable under the Act in respect of any land is $6. O. Reg. 224/09, s. 4.
5. Omitted (provides for coming into force of provisions of this Regulation). O. Reg. 224/09, s. 5.
Table 1
tax rates for land in a locality
Property Class |
Rate |
Residential Property Class |
0.001717 |
Multi-residential Property Class |
0.001717 |
Farm Property Class |
0.000429 |
Managed Forests Property Class |
0.000429 |
Commercial Property Class |
0.000694 |
Industrial Property Class |
0.000542 |
Pipe Line Property Class |
0.002453 |
O. Reg. 146/15, s. 3.
Table 2
tax rates for land not in a locality
Property Class |
Rate |
Residential Property Class |
0.000354 |
Multi-residential Property Class |
0.000354 |
Farm Property Class |
0.000088 |
Managed Forests Property Class |
0.000088 |
Commercial Property Class |
0.000694 |
Industrial Property Class |
0.000542 |
Pipe Line Property Class |
0.002453 |
O. Reg. 146/15, s. 3.