Mayoral candidate Rob Ford told about 200 realtors Thursday that he might have to wait as late as 2012 to deliver on his promise to scrap the city’s unpopular land transfer tax. He blamed the November 2011 provincial election.posted by maudlin at 9:18 PM on October 25, 2010
In a speech to the Toronto Real Estate Board, he said: “I can’t promise that I’m going to be able to do it in 2011. If there wasn’t a provincial election next year, then everything would be smooth sailing and I’d be able to say yes. It’s going to be very hard to get a hold of an MPP or a civil servant up at Queen’s Park because in an election, everyone just shuts down and is out on the hustings.” ...
The real estate board, which has applauded Ford for being the only major candidate who would scrap a tax that adds $3,725 to the cost of a $400,000 home, later said the provincial election poses no impediment.
“The City of Toronto Act allows city hall to implement a land transfer tax,” said board spokesman Von Palmer. “He (Ford) can repeal the land transfer tax without any provincial amendment. They do have that right.”
Palmer speculated that Ford means he plans to ask the province to strip the city of the taxing power. That would block a future mayor from reimposing the tax.
In a media scrum later, Ford responded to those comments saying, “We have to make sure the provincial government is onside and . . . there might be a stall. And I just don’t want to say for sure in case something comes up that we can’t get it through.”
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posted by anthill at 7:50 PM on October 25, 2010