Economic Development

GFR Audio: Property Tax Disrupted

Art from GFR

Podcast recording of article from June 2020 Government Finance Review

It might seem that because the property tax is rooted in physical land use, it would be insulated from technology-led disruption. There is no single, big, obvious technological force we can point to as a disruptor, as we can for hotel taxes and Airbnb or sales taxes and online retailing, but many less obvious 21st-century technological forces are conspiring to reduce the relevance of property taxes, which have been in use in North America since at least the mid- to late 1600s. The Region of Peel, Ontario, recognized this disruption and decided to do something about it.