Summer Forecast: Land Transfer Tax Fight Heating Up

It was a long winter, and the start to spring has not been much better, so it's hard to believe that summer is barely two months away.  but it's true, and it looks like as the weather heats up, so, too, will the fight to rid our City of the unfair Toronto Land Transfer Tax.  That's because a key City committee is scheduled to debate options for starting a phase-out of the LTT at their July meeting.  That meeting could be a key turning point.

When it comes to weather, there is not much that we can do other than to keep our fingers crossed; but it's a different story on the Land Transfer Tax.  In fact, there is a lot that we can do to help convince cit Councillors to move forward with scrapping this tax.  The next two months, as we approach the July committee meeting, are a critical time in this fight.  The efforts of real Torontonians, just like you are what helped get us to this point, but it's important that momentum continue to build.  the time to act is now!
Here is what you can do:

  • Click  this linke:  by sending a message to your Councillor.  We have made it as easy for you as possible.  You just have to enter your details, choose your message, ansd click send.  It, literally, takes only seconds, but makes a BIG difference.  You can choose to send  an email, a hard-copy letter (we take care of the printing and mailing), a fax , or a social media message.  Better yet, you can send all of these!
  • Invite your colleagues to take action also.  After you take action at the link above, click the "Invite" tab, where you will find a convenient invitation that you can easily email to your contacts to ask them to also speak-out.


Source: TREB Compain agianst Toronto LTT.

Najib Shams

Najib Shams

Sales Representative
CENTURY 21 King's Quay Real Estate Inc., Brokerage*
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