Ontario Government postpones property tax reassessment

The Ontario government announced on Wednesday March 25 that it would postpone property reassessments. in light of the COVID-19 crisis. That means that the valuation for the 2021 assessments will be based on the same valuation date as 2020. In addition, the Province announced that it would permit tax payment deferrals. See the Minister’s letter containing proposed details of payment extensions here:

http://www.almonteforall.ca/wp-content/uploads/2020/03/Ministers-Letter-to-Head-of-Council-March-27-2020.pdf

I expect that Council will discuss these matters shortly.