What happens if you don't pay property taxes in Ontario?
*1.25%/month penalty (Ottawa, Toronto).
Toronto Star says: "the municipality can seize your property and sell it to recoup the taxes, although this is a long and seldom-used process that often takes years."http://www.thestar.com/business/persona ... _know.html
Short of cash? Stop paying your property taxes
"Hey, seniors, there’s a banker out there ready to provide you with a low interest rate loan. That loan company is the government."
http://business.financialpost.com/2013/ ... rty-taxes/