TORONTO, Jan. 1 /CNW/ - Mayor Rob Ford started off the New Year by
celebrating the end of the Personal Vehicle Tax (PVT).
"Starting today, car owners in Toronto no longer have to pay this unfair
tax," said Mayor Ford, who marked the occasion at the Toronto Dodge
Chrysler dealership at Front and Parliament. "Ending this tax puts $64
million back into taxpayers' pockets. That's money back where it belongs."
The PVT was terminated by Toronto's new City Council at its first full
meeting on December 16, 2010 and effective the 1st of January 2011.
As the PVT was collected by the Province of Ontario on the City's behalf
when car owners paid for their licence plate validation renewal, the
Mayor took the opportunity to acknowledge Premier Dalton McGuinty's
support in abolishing the tax.
"I would like to thank Premier McGuinty for helping us make this happen
quickly for the taxpayers of Toronto," said Mayor Ford. "We are all in
The Canadian Automobile Association applauded the Mayor's quick action
to abolish the car tax. "We want to applaud Mayor Ford for repealing
the controversial vehicle registration tax which was imposed on Toronto
drivers two years ago," said Christine Hogarth, CAA South Central
Ontario Representative. "Eliminating this registration tax shows that
our Members' issues are being heard."
The City began charging the PVT on September 1, 2008. In every year
since then, the operating surplus has exceeded the amount brought in by
this tax. The Mayor has long said the tax is unnecessary.
2008: PVT brought in $13.1 MM, operating surplus was $88.6 million.
2009: PVT brought in $50.9 MM, operating surplus was $359.6 million
2010: PVT (projected) to bring in $51.0 MM, operating surplus
(projected) is $282.9 million
The new City Council under Mayor Ford approved the termination of the
PVT effective January 1, 2011, which means that all vehicle plate
validation holders who live in the City of Toronto will no longer have
to pay the PVT. Vehicle owners who purchased a two-year renewal in 2010
will receive a refund for the 2011 year.
City staff estimate that it will take approximately four weeks for the
City to receive the renewal information from the Province. Those who
qualify will automatically be reimbursed by the City by April 2011.
More information is available at http://www.toronto.ca/finance/revenue_tools.htm and by calling the City of Toronto at 311.
Toronto is Canada's largest city and sixth largest government, and home
to a diverse population of about 2.6 million people. Toronto's
government is dedicated to prosperity, opportunity and liveability for
all its residents. For information about non-emergency City services
and programs, Toronto residents, businesses and visitors can dial 311,
24 hours a day, 7 days a week.
Visit our website at www.toronto.ca
SOURCE City of Toronto
For further information:
Media contact: Adrienne Batra, Press Secretary, Office of the Mayor, 416-994-5892,firstname.lastname@example.org