RESOLUTION OF THE COUNCIL OF THE CORPORATION OF THE CITY OF WATERLOO

December 17, 2007

 

RE:       Provincial Sales Tax Exemption for Municipalities

 

                “WHEREAS the City of Waterloo is one of many Ontario municipalities with existing infrastructure renewal funding needs, currently estimated at over $156 million for the City of Waterloo;

 

            AND WHEREAS the Government of Canada has seen fit to exempt all municipalities in Canada from paying the Goods and Services Tax (“GST”) resulting in a $1.2 million per year benefit to the City of Waterloo;

 

            AND WHEREAS the City of Waterloo pays approximately $700,000.00 per year in Provincial Sales Tax (“PST”).

 

            THEREFORE BE IT RESOLVED THAT:

 

            1)         the Council of The Corporation of the City of Waterloo request the Province of Ontario to fully exempt all Ontario municipalities from paying PST, with the understanding that the savings realized be mandated to fund existing infrastructure renewal in local municipalities;

 

            2)         that this resolution be forwarded to:

 

                        the Prime Minister of Canada, Minister of Finance, Minister of National Revenue, Minister of Transport, Infrastructure &Communities, Minister of Public Works & Government Services and Minister of Public Safety

 

                        the Premier of Ontario, Minister of Public Infrastructure Renewal, Minister of Finance, Minister of Revenue, Minister of Transportation and Minister of Municipal Affairs & Housing

 

                        Association of Municipalities of Ontario,

                        Federation of Canadian Municipalities,

                        all Members of Provincial Parliament,

                        all Members of Parliament,

                        all local municipalities including the Region of Waterloo

 

                        all municipalities in Ontario with a request that those municipalities endorse the City of Waterloo’s resolution and forward their endorsement to the Prime Minister of Canada, Minister of National Revenue, Minister of Transport, Infrastructure and Communities, Minister of Public Works and Government Services and Minister of Public Safety and the Premier of Ontario, Minister of Public Infrastructure Renewal, Minister of Finance, Minister of Revenue, Minister of Transportation and Minister of Municipal Affairs and Housing.”

 

CARRIED UNANIMOUSLY

For further information, please contact

Susan Greatrix, City Clerk

The Corporation of the City of Waterloo

100 Regina Street South, Waterloo, ON  N2J 4A8

Telephone:              519-747-8705

Fax:                         519-747-8510

E-mail:      sgreatrix@city.waterloo.on.ca