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Land tax reform uncertainties leave many unsatisfied in Sudbury

Hundreds of surly Sudburians packed a presentation room at the local Howard Johnson last week to better understand the move to bring Ontario's unorganized townships to the Current Value Assessment (CVA) system.
Northern Ontario Business Staff

Hundreds of surly Sudburians packed a presentation room at the local Howard Johnson last week to better understand the move to bring Ontario's unorganized townships to the Current Value Assessment (CVA) system.

Representatives from the Ontario's Ministry of Finance struggled to answer increasingly angry questions from visibly upset attendees, mainly comprised of homeowners and camping association representatives from various local townships.

Susan Ghan, ministry representative, explained that many properties in the unincorporated territories were being assessed at the1940 rates by the Municipal Property Assessment Corporation (MPAC). With the move to bring them into modern assessment rates through the CVA, the province is temporarily adjusting the Provincial Land Tax (PLT).

This means from 2009 to 2012, half of those affected will see their PLT drop. Of those who will see an increase, 90 per cent will see an increase of less than $150.

However, when asked whether taxes could rise further after 2012, Ghan replied that the ministry had to take direction from the government, drawing an eruption of jeers.