Wednesday, April 11, 2018

MPAC ONTARIO FARMLAND ASSESSMENTS UP 60%

   The pressure is on for the Ontario Federation of Agriculture in its effort to get farm tax rates balanced.
    But once again, the OFA is making little headway in Eastern Ontario.
    MPAC farmland assessments that rolled out two years ago came as an unwelcome shock to many farmers. On average, farmland valuations across Ontario went up by 60 per cent. MPAC phases the assessments in over four years to soften the blow but by 2020, many farmers are looking at a significantly higher property tax bill.

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