HOW RECENT LAND TRANSFER TAX ACT CHANGES WILL IMPACT MUNICIPALITIES
Recent changes were made to the Land Transfer Tax Act (LTTA) by the provincial government for the purpose of gathering residential housing data and to collect the new Non-Resident Speculation Tax (NRST).
These changes now require all lawyers dealing with Ontario real estate transactions in the Greater Golden Horseshoe to ensure that . . .
Posted in: municipalitiesontarioreal estate
Proposed changes to the OMB
More questions than answers plus potential constitutional issues
On May 16, 2017, it was announced that the government will be presenting legislation which, if passed, will replace the Ontario Municipal Board with a ‘Local Planning Appeal Tribunal’. The Ministry of Municipal Affairs and the Ministry of the Attorney General have stated that these changes will “give communities a stronger voice” and make the . . .
