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 April 21, 2016 to December 12, 2016.
Last amendment: O. Reg. 103/16.
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 2016 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); O. Reg. 103/16, s. 1 (1).
(2) For the purposes of subsection 4 (1) of the Act, for land not in a locality, the tax rate for 2016 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); O. Reg. 103/16, 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 $0.24 per acre. O. Reg. 224/09, s. 2 (1); O. Reg. 146/15, s. 2 (1); O. Reg. 103/16, s. 2 (1).
(2) The tax rate imposed on land described in paragraph 2 of subsection 5 (2) of the Act is $5.05 per acre. O. Reg. 224/09, s. 2 (2); O. Reg. 146/15, s. 2 (2); O. Reg. 103/16, 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. The minimum amount of tax payable under the Act on land for a taxation year is,
(a) $12.50 in respect of land in the farm property class or the managed forests property class;
(b) $50 in respect of land in any other property class. O. Reg. 103/16, s. 3.
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
Item |
Column 1 Property Class |
Column 2 Rate |
1. |
Residential Property Class |
0.002117 |
2. |
Multi-Residential Property Class |
0.002117 |
3. |
Farm Property Class |
0.000529 |
4. |
Managed Forests Property Class |
0.000529 |
5. |
Commercial Property Class |
0.001344 |
6. |
Industrial Property Class |
0.001192 |
7. |
Pipe Line Property Class |
0.004803 |
O. Reg. 103/16, s. 3.
Table 2
tax rates for land not in a locality
Item |
Column 1 Property Class |
Column 2 Rate |
1. |
Residential Property Class |
0.000754 |
2. |
Multi-Residential Property Class |
0.000754 |
3. |
Farm Property Class |
0.000188 |
4. |
Managed Forests Property Class |
0.000188 |
5. |
Commercial Property Class |
0.001344 |
6. |
Industrial Property Class |
0.001192 |
7. |
Pipe Line Property Class |
0.004803 |
O. Reg. 103/16, s. 3.