Vacancy tax rebate eliminated following 2019 tax year

Wyoming, ON - At its meeting on Wednesday, November 6, 2019, Lambton County Council eliminated the vacancy rebate for commercial and industrial property classes, effective the 2020 taxation year.

As was discussed during the meeting, the County of Lambton is following measures that several other larger municipalities have taken with respect to the elimination of vacancy rebates. The Province and a majority of municipalities have acted to eliminate these rebates because valuation methods and protocols have evolved and negated the reason they were created when Current Value Assessment was first introduced.

Property owners who cannot lease vacant premises will still be able to obtain relief through MPAC’s reassessment processes, but the time, effort and cost inherent in the processing of vacancy rebates will be eliminated.

Notification has been given to all local area municipalities that are impacted by this change. Eligible property owners will be able to apply for the vacancy rebate for the 2019 taxation year. It will be eliminated effective the 2020 tax year.

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Please contact:

Larry Palarchio
General Manager, Finance, Facilities and Court Services
County of Lambton
519-845-0809 ext. 5417
Email Larry Palarchio