O. Reg. 510/24: TAX MATTERS - TRANSITION RATIOS AND AVERAGE TRANSITION RATIOS, Filed December 10, 2024 under Municipal Act, 2001, S.O. 2001, c. 25

ontario regulation 510/24

made under the

Municipal Act, 2001

Made: December 10, 2024
Filed: December 10, 2024
Published on e-Laws: December 10, 2024
Published in The Ontario Gazette: December 28, 2024

Amending O. Reg. 385/98

(TAX MATTERS — TRANSITION RATIOS AND AVERAGE TRANSITION RATIOS)

1. (1) Subsection 9 (4) of Ontario Regulation 385/98 is amended by adding the following paragraph:

2.1 For the purposes of the 2025 taxation year, in determining the total assessment of properties in a property class, a municipality shall exclude,

i. the assessment of property that is classified in the aggregate extraction property class for the 2025 taxation year, and

ii. the assessment of property that was classified in the subclass for property used for aggregate extraction for the 2024 taxation year. 

(2) Subsection 9 (5) of the Regulation is amended by striking out “11 and 11.1” in the portion before paragraph 1 and substituting “11, 11.1 and 13”.

2. Paragraph 1 of section 11 of the Regulation is amended by striking out “sections 10 and 10.2” and substituting “sections 10, 10.2 and 13”.

3. The Regulation is amended by adding the following section:

Aggregate Extraction Property Class

13. For the 2025 taxation year, the transition ratios set out in Column 2 of the Table to this section are prescribed for the aggregate extraction property class for the municipalities set out opposite in Column 1 of the Table.

Table

Column 1

Municipality

Column 2

Transition Ratio

Alberton, Township of

0.836165

Armour, Township of

0.822786

Armstrong, Township of

1.566162

Assiginack, Township of

0.626554

Atikokan, Township of

1.561999

Baldwin, Township of

0.895077

Barrie, City of

1.233846

Belleville, City of

1.952895

Black River-Matheson, Township of

2.140048

Blind River, Town of

0.938529

Bonfield, Township of

1.026084

Brant, County of

2.074951

Bruce, County of

1.422115

Bruce Mines, Town of

2.084762

Burk’s Falls, Village of

1.155789

Callander, Municipality of

1.097301

Calvin, Township of

2.081886

Carling, Township of

1.785028

Central Manitoulin, Township of

0.978156

Chamberlain, Township of

0.866199

Chapple, Township of

1.614287

Chatham-Kent, Municipality of

1.655893

Chisholm, Township of

0.895077

Cochrane, Town of

1.579765

Coleman, Township of

2.034266

Conmee, Township of

1.423986

Dryden, City of

1.188764

Dufferin, County of

1.788852

Durham, Region of

1.646535

Ear Falls, Township of

2.023238

East Ferris, Municipality of

0.813706

Elgin, County of

1.810578

Elliot Lake, City of

1.200217

Essex, County of

1.580625

Fauquier-Strickland, Township of

0.630785

Fort Frances, Town of

2.099301

French River, Municipality of

1.322436

Frontenac, County of

0.813706

Gordon/Barrie Island, Municipality of

0.499616

Grey, County of

1.489896

Haldimand, County of

1.893820

Haliburton, County of

1.398029

Halton, Region of

1.701216

Hamilton, City of

2.446490

Hastings, County of

0.895077

Hilliard, Township of

0.895077

Hilton, Township of

0.895077

Hudson, Township of

0.682862

Huron, County of

0.895077

Huron Shores, Municipality of

1.009647

Iroquois Falls, Town of

1.800142

Jocelyn, Township of

0.857728

Johnson, Township of

1.169866

Joly, Township of

0.853253

Kapuskasing, Town of

1.224661

Kawartha Lakes, City of

1.095613

Kearney, Town of

0.716468

Kenora, City of

1.809886

Killarney, Municipality of

1.220003

Kingston, City of

2.140048

Kirkland Lake, Town of

3.093586

Laird, Township of

0.795073

Lake of the Woods, Township of

0.813706

Lambton, County of

1.666122

Lanark, County of

2.060008

Leeds and Grenville, United Counties of

1.473948

Lennox and Addington, County of

1.765743

London, City of

1.554179

Macdonald, Meredith and Aberdeen Additional, Township of

0.895077

Machar, Township of

0.773021

Magnetawan, Municipality of

0.895023

Marathon, Town of

1.830839

Markstay-Warren, Municipality of

1.373283

Mattawan, Township of

0.920839

McDougall, Township of

2.118735

McKellar, Township of

0.895077

McMurrich/Monteith, Township of

0.637132

Middlesex, County of

1.419999

Moonbeam, Township of

0.704588

Morley, Township of

0.895077

Muskoka, District Municipality of

0.895077

Nairn and Hyman, Township of

3.176562

Neebing, Municipality of

0.895077

Niagara, Region of

2.140048

Nipigon, Township of

1.223326

Nipissing, Township of

0.219538

Norfolk, County of

1.377524

North Bay, City of

1.139189

Northeastern Manitoulin and the Islands, Town of

1.449130

Northumberland, County of

1.708783

Oliver Paipoonge, Township of

1.799563

Ottawa, City of

2.095990

Oxford, County of

2.140048

Papineau-Cameron, Township of

1.654021

Parry Sound, Town of

1.233770

Peel, Region of

1.294635

Pelee, Township of

0.797351

Perry, Township of

0.589937

Perth, County of

1.602351

Peterborough, County of

1.255712

Plummer Additional, Township of

1.255630

Powassan, Municipality of

1.424042

Prescott and Russell, United Counties of

1.991052

Prince Edward, County of

1.130645

Quinte West, City of

1.990326

Renfrew, County of

2.007336

Ryerson, Township of

1.036092

Sables-Spanish Rivers, Township of

1.372479

Sault Ste. Marie, City of

3.453236

Seguin, Township of

1.839671

Shuniah, Township of

2.140048

Simcoe, County of

0.970345

Sioux Lookout, Municipality of

2.140048

South Algonquin, Township of

2.140048

Spanish, Town of

0.895077

St. Joseph, Township of

0.895077

Stormont, Dundas and Glengarry, United Counties of

1.679029

Strong, Township of

1.033736

Sudbury, City of Greater

2.809508

Tarbutt, Township of

1.478749

Tehkummah, Township of

0.822425

Temiskaming Shores, Town of

1.860432

The Archipelago, Township of

0.917291

The North Shore, Township of

0.895077

Thunder Bay, City of

1.929164

Timmins, City of

2.034266

Val Rita-Harty, Township of

0.975471

Waterloo, Region of

1.586727

Wawa, Township of

1.424719

Wellington, County of

1.952895

West Nipissing, Municipality of

1.191361

Whitestone, Municipality of

0.813706

York, Region of

1.337082

 

Commencement

4. This Regulation comes into force on the later of January 1, 2025 and the day this Regulation is filed.

Made by:
Pris par :

Le ministre des Finances,

Peter Bethlenfalvy

Minister of Finance

Date made: December 10, 2024
Pris le : 10 décembre 2024