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Land Transfer Tax: Additional Information Collection

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Land Transfer Tax: Additional Information Collection

Ministry of Finance

Data collected through Ontario's Land Transfer Tax system shows that foreign transactions (transactions that involved at least one oreign entity) in the Greater Golden Horseshoe Region (GGH) represented 3.2 per cent between May 27, 2017 and August 18, 2017, compared to 4.7 per cent between April 24, 2017 and May 26, 2017, a drop of 1.5 percentage points.

Land Registry Offices (LRO)
(LRO boundaries generally do not coincide with municipal boundaries)

Total Transactions
(A)

Foreign Transactions
(B)

Foreign Transactions(%)

May 27, 2017 - August 18, 2017

May 27, 2017 - August 18, 2017

May 27, 2017 - August 18, 2017
(C = B / A)

April 24, 2017 and May 26, 2017*

GGH Total

66,434

2,131

3.2

4.7

Durham

4,982

86

1.7

2.1

Halton

4,704

135

2.9

3.7

Niagara South & North

3,937

90

2.3

2.6

Peel

8,732

176

2.0

3.8

Simcoe

5,486

60

1.1

0.9

Toronto

15,315

857

5.6

7.2

Waterloo

4,213

73

1.7

3.0

Wellington

1,802

22

1.2

2.3

Wentworth

3,785

50

1.3

1.7

York

8,093

556

6.9

9.1

Other GGH Regions

5,385

26

0.5

0.3

Non-GGH Total

35,264

562

1.6

1.5

Bruce

759

7

0.9

0.4

Grey

1,013

3

0.3

0.8

Huron

469

2

0.4

0.0

Muskoka

952

13

1.4

0.4

Ottawa

7,268

161

2.2

2.1

Oxford

1,060

4

0.4

0.8

  Other Non-GGH Regions

23,743

372

1.6

1.6

Ontario Total

101,698

2,693

2.6

3.7

Totals may not add due to rounding

Because some LRO boundaries do not coincide with municipal boundaries, the data may not fully represent hat is covered in the GGH and may include areas outside the GGH.  Any discrepancy is expected to be insignificant.

*This data was previously released in July 2017

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