As directed by City Council this February, the City of Toronto is soliciting input from key stakeholders and the public about eliminating the Vacant Unit Property Tax Rebate program. The City of Toronto is also looking for input from the business community on the current tax reduction that applies to vacant and excess commercial and industrial lands. Overall feedback on these changes is being solicited from industrial and commercial property owners, the business community, and non-profit communities, in addition to the general public.
There are two ways to provide feedback on these proposed changes:
- An Open Public Meeting: City staff will be present to provide information, answer questions, and receive feedback on April 19 at Metro Hall (55 John St.) in Room 303. This consultation will occur from 7 to 9 p.m.
- An Online Survey: Until April 21, there will be an online survey available for your feedback.
A number of face-to-face meetings have already taken place with key representatives of impacted businesses such as NAIOP and TIN.
The feedback received will be part of the report back to Executive Committee and City Council in May.