Liberal Platform Fails Property Owners: Property Tax Reform Coalition



    TORONTO, Oct. 4 /CNW/ - Ontario's million-member Coalition After Property
Tax Reform, (CAPTR), says the Ontario Liberals are applying an unfair and
partial fix by promising a homeowners grant for seniors to help them pay their
property taxes.
    CAPTR spokesperson, Bob Topp, says the Liberals are leaving working
families in the lurch, unlike both the Ontario Progressive Conservatives and
New Democrats.
    "We agree with NDP Leader Howard Hampton who yesterday described the fact
that Ontario has the highest property taxes in Canada as being 'fundamentally
unfair'", says Topp, "and we agree with PC Leader John Tory's plan to cap
property assessment hikes at 5 per cent annually."
    "Both Hampton and Tory recognize that the existing system is creating
financial hardship for many property owners across Ontario, not just seniors,"
says Topp, who notes that 65 per cent of Ontarians own property.
    "What's needed is a five per cent cap on annual assessment increases to
protect all property owners. And it's needed now before the impact of the 2008
assessment hits property tax bills in 2009," says Topp.
    The Liberal government plan to move to a four year phase-in of assessment
increases simply gives property owners four years to try to pay for their
property tax hike.

    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
increases.




For further information:

For further information: Bob Topp, (416) 929-9885

Organization Profile

Coalition After Property Tax Reform

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Ontario Elections 2011

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