Amendment to a Regulation under the Housing Services Act, 2011 to exempt the transfer of two Designated Housing Projects in Kirkland Lake from the application of the Land Transfer Tax Act
Ontario Regulation 645/20
Regulation - Minister
Bill or Act:
Housing Services Act, 2011
Summary of Decision:
The transfer of two Designated Housing Projects from Kirkland Lake Non-Profit Housing Corporation (60 Fifth St; 165-175-185-190 Pollock Ave) to Timiskaming District Housing Corporation will be exempted from land transfer tax.
Summary of Proposal:
The District of Timiskaming Social Services Administration Board (DTSSAB) is a Service Manager responsible under the Housing Services Act, 2011 for the administration of community housing within the District.
In March 2020, the DTSSAB submitted a request to the Ministry of Municipal Affairs and Housing to facilitate the transfer of two properties owned by the Kirkland Lake Non-Profit Housing Corporation (KLNPHC) to the Timiskaming District Housing Corporation, which is the DTSSAB's Local Housing Corporation. The DTSSAB requested that the transfer be exempted from land transfer tax, as allowed under Section 167 of the Housing Services Act, 2011. An amendment to Section 144(1) of Regulation 367/11 under the Act is required to give effect to the exemption.
In August 2020, the Minister of Municipal Affairs and Housing provided a Minister's Consent under s. 162 of the Housing Services Act, 2011 to permit for the transfer.
In November 2020, Lieutenant Governor in Council made a regulation amending s. 144(1) of Ontario Regulation 367/11 to exempt the transfer from land transfer tax.
Community Housing Policy Branch
Ministry of Municipal Affairs and Housing
777 Bay Street - 14th Floor
January 1, 2021