TORONTO, Sept. 7 /CNW/ - Ontario's million-member Coalition After
Property Tax Reform, (CAPTR), says the just-released Ontario Liberal campaign
platform fails property owners and at the same time acknowledges the weakness
of the Liberal government property tax policy.
CAPTR spokesperson, Bob Topp, notes that while the Liberals have finally
recognized that the volatile and unfair property tax system is creating
financial hardship for property owners across Ontario, they are applying an
unfair and partial fix by promising a homeowners grant for seniors who have
trouble paying their taxes, to help them stay in their homes.
"CAPTR is concerned that many people, including working families as well
as seniors, may be forced from their homes. The Liberal government has missed
its chance to fix the system. First they introduced a four year phase-in of
assessment increases that simply gives property owners four years to try to
pay for their property tax hike. Now, they've figured out this won't do the
job and are admitting that by promising some kind of assistance for seniors."
"The property tax system needs real reform and both the PCs and New
Democrats recognize this and have spelled out their plans in their election
platforms. It's time the present government got on board and stopped basing
property owners' share of the tax burden on a volatile real estate market,
CAPTR is a coalition of urban, waterfront and seniors groups representing
over one million Ontarians. It is calling for a 5% cap on annual assessment
For further information:
For further information: Bob Topp, (705) 783-3131 or (416) 929-9885