Assessment

MPAC board

Canadian Property Management

Municipalities could lose clout on MPAC board

A new government means a new round of scrutiny for Ontario's property assessment agency.
housing market

Canadian Apartment Magazine

Furor over MPAC multi-res cap rates predicted

Assessment notices for nearly 16,000 Ontario multi-residential properties will be mailed out next week, delivering valuations determined for the first time with the newly adopted direct capitalization methodology.
land transfer tax

CondoBusiness

Ontario’s new four-year assessment cycle begins

Ontario's Municipal Property Assessment Corporation (MPAC) reports province-wide residential property values have increased by an average of 4.5 per since January 2012.
modern empty office room

Canadian Property Management

Ontario’s vacant unit tax rebate under review

The 2016 Ontario budget announces legislation is coming to "facilitate potential changes" to the property tax rebate on vacant commercial and industrial units.