Toronto’s Vacant Home Tax (“VHT”)
What is Toronto’s Vacant Home Tax (“VHT”)? The City of Toronto will levy Vacant Home Tax of 1% on unoccupied residential property(s), with the goal of increasing housing supp
Underused Housing Tax (“UHT”)
What is the Underused Housing Tax (“UHT”)? UHT is an annual federal 1% tax on the ownership of vacant or underused housing in Canada. While the government’s aim was to target