The April 22 application deadline for the Convoy Occupation Tax Deferral Program is not far off for those retail and commercial property owners impacted by the convoy occupation that occurred in January and February. The program provides some relief to eligible properties by deferring their interim and final property tax deadlines to September 15, 2022.
- Roll number
- Property address
- Dates financial hardship began and ended
- A brief description of financial hardship
- Attachments and supporting documents for hardship
The deferral is open to properties that are assessed as commercial, shopping, parking lot and vacant land, and industrial tax classes within the designated affected area. The affected area is bordered by Cathcart Avenue and Ottawa River to the north, King Edward Avenue to the east, Catherine Street to the south, and Bay Street to the west.
Property owners must meet the following eligibility criteria:
- The property owner must have experienced financial hardship directly related to the 2022 convoy occupation – defined as more than a 30 percent reduction in business activity or temporary closure.
- Property taxes for 2021 and prior years must have been paid up to date before the 2022 interim installment due date of March 17, 2022.
Property owners who qualify and receive the deferral must pass financial relief on to their commercial or retail tenants or face having their deferral revoked, with all taxes, penalties, and interest becoming due immediately based on the original due dates.