PICA SPECIAL NOTICE
Happy spring everyone, finally!
It’s been a very long winter. I’m going to keep this note short and to the point. We have recently become aware of some unsettling developments from WFN. Last week, WFN posted a public announcement regarding their intentions to impose property taxes AND land transfer taxes. This applies specifically to cottagers on Parry Island. See link below for more details:
As many of you are aware, WFN ratified their Land Code last year and this seems to be the next step in that process. I would encourage you to review the documents located on their site. We will be getting legal opinion over the next few weeks and will share the information that we obtain with PICA members as soon as we have more details.
Unfortunately, we do not have any further details other than what WFN have posted on their website.
Here are some highlights of the new proposed laws:
- Specific mentions that leaseholders ARE subject to land transfer and property taxes under the proposed laws
- These taxes would be in addition to any lease payments
- Wasauksing member-controlled lands are exempt from taxes
- Any taxes levied are based on an assessment yet to be conducted, and are retroactive back to January 1, 2018
- We have until June 8, 2018 to reply in writing, and we plan on doing so on behalf of PICA members
We would appreciate any support or feedback from PICA members who have expertise relating to these issues while we address this with our lawyers. Please contact us below should you be able to offer assistance in this regard.
President – PICA
Emails and information can be sent to the website via firstname.lastname@example.org. You can also access the information on the website at www.parryislandcottagers.com.
Carol Heaslip (Lot 37) – email@example.com or 705-746-9535 – Membership Chair
John Bick (Lot 51) – firstname.lastname@example.org or 905-304-7250 – Secretary
Rob Mills (Lot 226) – email@example.com or 416-731-8117 – President
This newsletter is sent on behalf of PICA [Parry Island Cottage Association] and is intended for PICA members in good standing only. It is not for redistribution to non-PICA members. If you are not the intended recipient, you are notified that disclosing, copying, distributing or taking any action in reliance on the contents of this information is strictly prohibited. PICA accepts no liability for the content of this newsletter, or for the consequences of any actions taken on the basis of the information provided, unless that information is subsequently confirmed in writing by the Board of Directors of PICA. If you have received this communication in error please contact the sender via mail.