TAX MATTERS - TAXATION OF CERTAIN RAILWAY, POWER UTILITY LANDS
AI-assisted research summary: This regulation sets school-purpose tax rates for certain railway rights-of-way and electrical corridors on specified land in listed Ontario geographic areas.
Legislative History: 494/98, 705/98, 343/99, 408/99, 515/00, 258/01, 133/02, 426/02, 81/04, 201/04, 123/07, 220/12. 1. This Regulation applies with respect to land described in paragraphs 1 and 2 of subsection 315 (1) of the Municipal Act, 2001 and land described in paragraphs 1 and 2 of subsection 280 (1) of the City of Toronto Act, 2006. O. Reg. 392/98, s. 1; O. Reg. 81/04, s. 1; O. Reg. 123/07, s. 1. 2. For the purposes of section 257.7 of the Act, the following is prescribed as the tax rate for school purposes for the applicable land in a geographic area listed in Column 1 of Table 1: 1. For land described in paragraph 1 of subsection 315 (1) of the Municipal Act, 2001 or paragraph 1 of subsection 280 (1) of the City of Toronto Act, 2006 that is located in the geographic area, it is the tax rate set out in Column 2 of the Table. 2. For land described in paragraph 2 of subsection 315 (1) of the Municipal Act, 2001 or paragraph 2 of subsection 280 (1) of the City of Toronto Act, 2006 that is located in the geographic area, it is the tax rate set out in Column 3 of the Table. O. Reg. 123/07, s. 2. 3.-10. Revoked: O. Reg. 123/07, s. 3. TABLE 1 TAX RATES Item Column 1 Geographic area Column 2 Tax rates for railway rights-of-way, expressed as dollars per acre Column 3 Tax rates for electrical corridors, expressed as dollars per acre 1. The City of Toronto 822.69 1,208.66 1.1 The regional municipalities of Durham, Halton, Peel and York 822.69 1,208.66 2. The Regional Municipality of Ottawa-Carleton and the counties of Lanark, Leeds and Grenville, Prescott and Russell, Renfrew and Stormont, Dundas and Glengarry, including the separated municipalities situated in those counties 127.38 623.80 3. The counties of Frontenac, Haliburton, Hastings, Lennox and Addington, Northumberland, Peterborough, Prince Edward and Victoria, including the separated municipalities situated in those counties 53.62 34.46 4. The regional municipalities of Hamilton-Wentworth, Niagara and Waterloo 291.60 436.50 5. The Regional Municipality of Haldimand-Norfolk, the County of Oxford, and the counties of Brant, Elgin, Essex, Kent, Lambton and Middlesex, including the separated municipalities situated in those counties 114.98 86.09 6. The counties of Bruce, Dufferin, Grey, Huron, Perth, Simcoe and Wellington, including the separated municipalities situated in those counties 74.12 34.39 7. The Regional Municipality of Sudbury and the districts of Algoma, Manitoulin and Sudbury 42.49 13.32 8. The District Municipality of Muskoka, and the districts of Cochrane, Nipissing, Parry Sound and Timiskaming 24.78 75.99 9. The districts of Kenora, Rainy River, and Thunder Bay 15.43 149.75 O. Reg. 494/98, s. 1; O. Reg. 81/04, s. 8; O. Reg. 123/07, s. 4. Tables 2-22 Revoked: O. Reg. 123/07, s. 5.