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YORK REGION COUNCILLORS DEMANDING A NEW MUNICIPAL LAND TRANSFER TAX GRAB ON HOMEOWNERSHIP

TORONTO, July 4, 2018 -- York Region councillors are demanding new tax powers from the province, and they have their eyes set on the municipal land transfer tax (MLTT). If implemented, the tax would add over $15,000 to an average priced York Region home, impacting housing affordability for all home buyers and making the Canadian dream of home ownership less achievable for thousands of young buyers. This could set a dangerous precedent for housing affordability across the wider Greater Toronto Area and the rest of the province.  

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Whay are they doing this? Another money for the government? kitchen remodel harrisburg pa

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Why are they asking for another tax hike? Isn't that too much?
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Will the average household be able to pay for this tax? I think the council has to think about this. jewelers & gemologists

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The demand of York region is absolutely fair and it is their right. It should be their right to apply different taxes or to desalescollege increase the amount of taxes.

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