Barrett and PCs score victory for Ontario homeowners

For Immediate Release
December 2, 2015

Queen’s Park – The Ontario Government has reversed its decision on extending the Municipal Land Transfer Tax (MLTT) which would have seen homebuyers slapped with a $10,000 bill due at closing on the average home sold in Ontario.

“My colleagues and I have refuted this idea from day one,” said Haldimand-Norfolk MPP Toby Barrett. “It appears the Wynne government finally agreed with us and we commend them for doing the right thing in the best interest of Ontario families.”

Barrett’s colleague MPP Steve Clark tabled a motion recently calling for the government to reconsider and many presented petitions fighting against the tax grab.

The MLTT would have made Ontario one of the most uncompetitive tax jurisdictions in North America for buying a home, and would have had devastating consequences on Ontario’s economic activity and employment.

“This is a huge win for local home owners and those who dream of one day owning a home. It reaffirms that the municipal land transfer tax is a bad revenue tool, not just outside Toronto but in it as well,” said Ray Ferris, local realtor and President-Elect of the Ontario Real Estate Association. “On behalf of local realtors, I want to thank Minister McMeekin and MPP Toby Barrett for their leadership on this issue and for standing up for Ontarians who said, by the thousands, that this is not a fair or equitable tax.”


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For more information please contact MPP Toby Barrett

at 519-428-0446, 905-765-8413 or 1-800-903-8629