Thanks to the support of our valued Sponsors, the NAIOP GTA Government Relations Committee had several accomplishments it achieved in 2021. We are pleased to share a few of those accomplishments below.
- Organized and hosted a “fireside chat” with Ontario Minister of Finance Peter Bethlenfalvy. Close to 150 people registered for the virtual event held in September, and Minister Bethlenfalvy addressed a number of questions posed by our members on how the Ministry of Finance is approaching issues facing the commercial development industry.
- In collaboration with other Canadian NAIOP chapters, hosted a webinar with the Canada Infrastructure Bank (CIB) providing our members information and an opportunity to ask questions directly to the CIB on the federal building retrofit program.
- Engaged the Ontario Ministry of Finance on several issues of importance to NAIOPs membership including the introduction of a Small Business Tax Subclass in order to minimize the impact of the subclass on other commercial properties. Our efforts contributed to a lot size eligibility of 7,500 sq. ft. maximum (rather than 10,000 sq. ft as originally proposed), and a tax rate reduction for the subclass of 15% (rather than 35% as originally proposed).
- Actively engaged with City of Toronto on the Zoning By-law Parking Requirements Review, resulting in City Council approval to remove most minimum parking standards for new developments City-wide.
- Participated in a number of City of Toronto industry consultations and meetings on Growth-Related Funding Tools and have been successful in maintaining the non-industrial, non-residential development charge exemption.
- Participated in City of Toronto consultations on water fees, rates and programs resulting in the stormwater charge program being delayed for the foreseeable future as City Council directed Staff to further consult and report back in second quarter of 2023.
- Effectively engaged Senior Staff in the office of the Minister of Transportation(Ontario) regarding concerns over increased electromagnetic field (EMF) levels resulting from the electrification of the GO Transit system along the Union Station Rail Corridor. We secured a commitment from Metrolinx to provide a technical briefing in the New Year for impacted properties and a senior Metrolinx point of contact for property owners going forward.
- Drafted several submissions and attended numerous consultation meetings on a wide range of issues, including:
- Property Assessment and Taxation Review
- Toronto’s Official Plan Review
- Waterfront East LRT
- 2022 City Budget process
- City’s Tax Ratio policy
Wishing you all a Happy New Year from the Greater Toronto Chapter of NAIOP!