Our Position On The Proposed Land Transfer Tax:
On February 23, 2018, the Board of Directors for the Yellowknife Chamber of Commerce passed the following e-resolution:
That the Yellowknife Chamber of Commerce oppose the proposed Land Transfer Tax and ask the GNWT to focus on efficiency and expense reduction, rather than revenue generation through additional taxes.
Our Letter to the Finance Minister:
On February 26, 2018, a letter opposing the proposed Land Transfer Tax was sent to the Finance Minister and all Members of the 18th Legislative Assembly. The NWT & NU Chamber of Mines, the NWT Chamber of Commerce and the NWT & NU Construction Association have all signed our letter.
Download our letter here.
In The Media:
February 21, 2018: MLAs 'surprised' by N.W.T. government's plan to introduce new tax. Retrieved from: http://www.cbc.ca/news/canada/north/nwt-new-land-transfer-tax-1.4545572
You can download our backgrounder with relevant information about Land Transfer Taxes, here.
For data on Land Transfers in the NWT between 2010 and 2017, click here.