Regulation - Minister

City of Toronto Act Regulation (58/10)

Regulation Number(s):
Instrument Type:
Regulation - Minister
Bill or Act:
City of Toronto Act
Summary of Decision:
The City of Toronto Act Regulation 58/10 was approved by the Minister and Filed on March 3, 2010
Further Information:
Proposal Number:
Posting Date:
October 29, 2010
Summary of Proposal:
O. Reg. 58/10 made under the City of Toronto Act, 2006, amending O. Reg. 121/07
● These amendments allow the City of Toronto for 2010 to continue to apply a levy increase on restricted classes of up to 50% of the residential levy increase and also allow the City of Toronto to set their own transition tax ratios to offset the impacts of reassessment, based on a prescribed formula.

Contact Address:
Andrea Chow
Senior Economic Analyst
Provincial Local Finance Division
Ministry of Finance
777 Bay Street, 10th Floor
Toronto ON M5G2C8
Effective Date:
March 3, 2010