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HST and Real Estate

On June 19, 2009, the federal government passed legislation that implemented Ontario’s new Harmonized Sales Tax, which will take effect on July 1, 2010. For information on how it will affect condo buildings, see this post at The Condo Law Blog. While the tax will not...

What is MPAC?

The second tax instalment was due this week in Barrie. Municipal taxes are set based on your property’s assessed value; that value is determined by a company called the Municipal Property Assessment Corporation. MPAC looks at five main five factors: location, lot...