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Status: Closed — this petition is no longer accepting signatures.

Ontario Property Assessment & Tax Increase

Ontario Property Assessment & Tax Increase

Closed — 29 supporters Verified

Final supporters

N
Nadir J.
B
Buddhadeb B.
N
Nitin G.
B
Biprasish C.
S
Sujata B.
U
Ujjal M.
N
Naghmana I.
S
Surajit
A
Anjan R.
S
Someone
+19 more
Started by Anonymous 13 years, 8 months ago

Background To This Petition


By now most homeowners have received their Mpac property assessment.
Most property assessments have increased by at least 5% per year, for the next 4 years.


When assessing a property, Mpac analyzes property sales in your area and surrounding neighbourhoods as well as key factors such as location, lot dimensions, square footage of living area, age of the structure (adjusted for any major renovations or additions), quality of construction, and features such as fireplaces, garages, workshops, boathouses, and the number of bathrooms. Site features in urban and suburban areas such as traffic patterns, corner lots, proximity to a golf course, hydro corridors, railway or green space can also increase or decrease the assessed value of your property.
MPAC was fast to emphasize that “An assessment does not necessarily means that your property tax will increase”.

When we examine the MPAC property assessment, we realize that:

Most owners/occupied homes have not had improvements to their property but are receiving a large increase in property assessment. The increase in property assessment is mostly due to the speculations done by a small group of investors.
The municipalities benefit from the existence of property speculations that take place at the expense of owners/occupied homes.
By applying the increased property assessment values, the municipalities will likely increase property taxes and place a financial burden on the majority of homeowners and will make their property less saleable /affordable in the future.
Most municipalities have increased their property revenue due to the large number of new condos and homes built in the last four year.
The municipalities should find a way to tax speculators rather than punish all owners/occupied homes, by developing a two tier taxation that tax owners/occupied homes at no more than the rate of inflation and tax speculators/investors at a higher rate.
The Canadian economy is slowing down and Canadians are not receiving income increases at the rate of property assessment increase. Most incomes did not increase and any increase is less than the Canadian inflation rate of 1.8%.


Petition


This petition enables us to raise awareness and mobilizes the media and other stakeholders in order to put pressure on the Ontario Government to change it’s property tax regulations to a two tier system, that benefits owners/occupied homes and limits their property tax increase to the rate of inflation.

7 Comments

N
Nadir Jabar
1 year ago Featured

My property tax went up over 9.5 % what are you people doing I am a senior I have to sell my house because of you evil people. Applying for $500 is a shame, you people should be shameful, people can hardly afford food, now we have to starve just to pay for your happiness and comfort. My taxes now exceed $8400.00

A
Anjan Rakshit
2 years ago Featured

I am a resident of Brampton. The major component of tax increase is due to increase in tax levy by Peel Region. I believe this is due to inefficient management of regional services which includes astronomical increase in social services, shelter, etc. That means homeowners are made to bear the social services cost of large increase in immigrant population in Brampton.

R
Randolph Bolt
10 years ago Featured

With higher taxes, I am now faced to leave my home. I can't afford to live in Ontario.

B
Biprasish Chaudhury
2 years ago

Request to reduce property tax

U
Ujjal Mondal
2 years ago

Brampton property taxes are higher than the neighboring municipalities for no good reason. Law and order is terrible. This is the car theft capital of Canada. No university in this municipality. The taxes must drop.

N
Naghmana Iqbal
2 years ago

Can we have some serious and honest folks in government who care

S
Stephanie
10 years ago

Its not fair that we have to move because or rates and taxs are too high

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