Chamber calls on City to defer non-residential property tax
On March 19, 2020 the Sault Ste. Marie Chamber of Commerce sent a request to Mayor Christian Provenzano and members of City Council, requesting the immediate deferment of all non-residential property taxes for the period of 3 months or as directed by those health professionals and the Province of Ontario ending the pandemic classification of Covid-19, and when the State of Emergency in Ontario is lifted. The Chamber also recommends that with the reinstatement of the property taxes that the deferred amount be payable over a 6 month period, allowing for adjustments to be made in their cash flow requirements.
READ THE FULL LETTER TO MAYOR AND COUNCIL
READ THE RESPONSE FROM THE OFFICE OF THE MAYOR
The Sault Ste. Marie Chamber of Commerce request will be discussed at City Council on March 23, 2020
Further, The Ontario Chamber of Commerce has also asked Ontario's Minister of Municipal Affairs and Housing to work with regions and municipalities to:
- delay or temporarily eliminate taxes and fees on business, specifically delaying the deadline for payment of property taxes and waive all interest charges or late penalties charged on those payments;
- postpone or cancel the collection of tourism marketing and /or accommodation taxes for the hospitality sector, which is among the hardest hit during the pandemic;
- accelerate those payments owed to private sector and non-profit vendors, to help get much-needed cash into the hands of local business as quickly as possible.
Your Recognized Voice of Business in Sault Ste Marie