Provincial Land Tax Reform
The government has completed the move to assess all properties in Ontario based on Current Value Assessment (CVA) for the remaining properties in the Unincorporated Territory (UT). All properties in the UT are now being assessed based on the same assessment system used in the rest of Ontario.
The province is not planning to receive additional tax revenue as a result of this reform. While assessed values have increased since the 1940s, the government has reduced PLT tax rates to compensate. Tax rates have been adjusted so they are revenue neutral and the tax rates are lower than estimated in 2008.
Property owners can easily estimate the impact of reform on their own properties. The table below shows the tax rates for each class of property. The appropriate tax rate, multiplied by the 2008 value of your property (on your assessment notice), will give you the PLT payable annually from 2009 onward, assuming there are no changes to the characteristics of your property.
How to Determine PLT Payable for 2009- Onward
Table One: PLT Tax Rate for Property Classes
Property Class |
Tax Rate Inside School Boards |
Tax Rate Outside School Boards |
| Residential/ Multi-residential | 0.00169776 | 0.00025520 |
| Farmland/ Managed Forest | 0.00042444 | 0.00006380 |
| Commercial/ | 0.00054642 | 0.00054642 |
| Industrial | 0.00037936 | 0.00037936 |
| Pipe line | 0.00193903 | 0.00193903 |
Using the formula in the table below, property owners can calculate their property tax bill by multiplying their assessment amount for each property class by the tax rate(s) in Table One.
Value of Property in 2008 (on assessment notice) |
multiplied by |
PLT |
equals |
PLT Payable |
In the example below, if the 2008 assessed value of a residential property inside school boundaries was $54,000, when multiplied by the 0.00169776 tax rate from Table One, the amount payable annually beginning in 2009 will be $91.68.
| $54,000 | x | 0.00169776 | = | $91.68 |
Please note that property owners within Local Roads Board or Local Services Board areas will continue to pay levies for these bodies.
Property owners within school board boundaries will continue to pay education tax. Interim‑Provincial Land Tax will no longer be paid.
Taxpayers can call the Provincial Land Tax (PLT) office in Thunder Bay regarding their PLT Accounts, payments or any general enquiries pertaining to their 2009 PLT billing and tax certificates:
Local Calls: 1 807 625-2122 Toll Free: 1 866 400-2122
Teletypewriter: 1 888 321-6774
Email: plt@thunderbay.ca
Ministry of Revenue
Toll Free: 1 866 ONT-TAXS (1 866 668-8297)
Teletypewriter: 1 800 263-7776
Information about how PLT reform may affect School Boards and property owners in the UT can be found at the links below:
