Tax Rates

Provincial Land Tax Act, 2006

ONTARIO REGULATION 224/09

Tax Rates

Consolidation Period:  From January 1, 2025 to the e-Laws currency date.

Last amendment: 513/24.

Legislative History: 446/12, 41/14, 146/15, 103/16, 450/16, 25/18, 513/24.

This is the English version of a bilingual regulation.

Tax rate

1. (1) For the purposes of subsection 4 (1) of the Act, for land in a locality,

(a) the tax rate for 2018 for the property in classes set out in Column 1 of Table 1 is the rate set out opposite the property class in Column 2;

(b) the tax rate for 2019 for the property in classes set out in Column 1 of Table 1 is the rate set out opposite the property class in Column 3;

(c) the tax rate for 2020 for the property in classes set out in Column 1 of Table 1 is the rate set out opposite the property class in Column 4; and

(d) the tax rate for 2021 and subsequent taxation years for the property in classes set out in Column 1 of Table 1 is the rate set out opposite the property class in Column 5. O. Reg. 25/18, s. 1.

(2) For the purposes of subsection 4 (1) of the Act, for land not in a locality,

(a) the tax rate for 2018 for the property in classes set out in Column 1 of Table 2 is the rate set out opposite the property class in Column 2;

(b) the tax rate for 2019 for the property in classes set out in Column 1 of Table 2 is the rate set out opposite the property class in Column 3;

(c) the tax rate for 2020 for the property in classes set out in Column 1 of Table 2 is the rate set out opposite the property class in Column 4; and

(d) the tax rate for 2021 and subsequent taxation years for the property in classes set out in Column 1 of Table 2 is the rate set out opposite the property class in Column 5. O. Reg. 25/18, s. 1.

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,

(a) $0.71 per acre for 2018;

(b) $0.82 per acre for 2019;

(c) $0.94 per acre for 2020; and

(d) $1.03 per acre for 2021 and subsequent taxation years. O. Reg. 25/18, s. 2.

(2) The tax rate imposed on land described in paragraph 2 of subsection 5 (2) of the Act is,

(a) $7.53 per acre for 2018;

(b) $8.71 per acre for 2019;

(c) $9.98 per acre for 2020; and

(d) $10.92 per acre for 2021 and subsequent taxation years. O. Reg. 25/18, s. 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

O. Reg. 25/18, s. 3; O. Reg. 513/24, s. 1.

Table 2
tax rates for land not in a locality

O. Reg. 25/18, s. 3; O. Reg. 513/24, s. 2.