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Matters Arising from the Closed Session
Matters Arising from Operations Committee
Matters Arising from Emergency Services Committee
Matters Arising from Community Services Committee
Matters Arising From the Planning Committee
Matters Arising from Hearing Committee
Adopting, Approving or Receiving Items in the Consent Agenda
Routine Management Reports
Correspondence for Information Only
Managers' Reports
Civic Petitions
Question Period and Announcements
Notices of Motion
Meeting Quick Pick

For Information Only

Notices Regarding Automatic Rent Reductions

Presented To: City Council
Presented: Tuesday, Aug 22, 2017
Report Date: Wednesday, Jun 28, 2017
Type: Correspondence for Information Only

Signed By

Report Prepared By
Tony Derro
Manager of Taxation
Digitally Signed Jun 28, 17

Division Review
Ed Stankiewicz
Executive Director of Finance, Assets and Fleet
Digitally Signed Jul 21, 17

Financial Implications
Ed Stankiewicz
Executive Director of Finance, Assets and Fleet
Digitally Signed Jun 28, 17

Recommended by the Department
Kevin Fowke
General Manager of Corporate Services
Digitally Signed Aug 4, 17

Recommended by the C.A.O.
Ed Archer
Chief Administrative Officer
Digitally Signed Aug 4, 17


For Information Only

Relationship to the Strategic Plan / Health Impact Assessment

This report refers to operational matters.

Report Summary

Each year municipalities in Ontario are obligated to send notices to owners and tenants of properties in the multi-residential tax class. The notices pertain to such properties that have experienced a year over year property tax reduction of 2.49% or more. The notices refer to the tax reduction as well as an eligible rent reduction for the next calendar year. This authority is found in the Residential Tenancies Act, 2006 and the Tenant Protection Act, 1998.

Financial Implications

There are no financial implications associated with this report.