OREA is happy to report that on July 8th the City of Hamilton’s Audit, Finance and Administration Committee strongly rejected a motion by Councillor Aidan Johnson (5-1) that if passed, and ratified by Council, would have called for city staff to examine the feasibility of a municipal land transfer tax (MLTT) in Hamilton. The fact … Continued
The Ontario Real Estate Association (OREA) kicked off its 2014 Political Affairs Conference (PAC) on Sunday at the Park Hyatt Hotel in Toronto. The three day event, featuring prominent politicians, journalists and commentators offers Ontario REALTORS® a unique opportunity to connect with their MPPs, enhance their understanding of provincial issues, exchange ideas and create dialogue … Continued
Want to help spread the word about the Don’t Tax My Dream campaign? Here’s a quick tutorial on how to share the video across your social media accounts, and via email. We hope you’ll share it! The video can be found on the homepage of the donttaxmydream.ca website. YouTube has a number of share options including sharing on your choice of … Continued
Today OREA released research that shows a massive loss of economic activity in the City of Toronto and a corresponding loss of thousands of jobs due to the Municipal Land Transfer Tax (MLTT), imposed in Toronto in 2008. The report, Economic Implications of the Municipal Land Transfer Tax in Toronto, conducted by Altus Group … Continued