Real estate lobbyists are pushing to cut the land transfer tax | NOW Magazine

October 24, 2020, by Radheyan Simonpillai The Ontario Real Estate Association (OREA) wants the provincial government to give home buyers a six-month holiday from the Ontario and Toronto Land Transfer Tax (LTT), along with other incentives it argues will stimulate Ontario’s economy during the COVID-19 crisis. “In the last economic downturn we had it was…

Hamilton City Hall Proposes 4.28% Rate Increase, 4.0% Tax Levy Increase to Start 2021 Budget Process| THE PUBLIC RECORD

October 23, 2020, by Joey Coleman Hamilton City Hall is hopeful the provincial and federal governments will continue providing record levels of financial support to municipalities for transit, public health, and COVID costs to address budgetary pressures resulting from the pandemic. Based upon this presumption, City staff state the starting figure for the 2021 municipal…