Provincial Land Transfer Taxes and Registration Fees / 173
Legislation
Property
Value
Rate of
Tax or Fee
1
Québec
7
—Other
than City of Montreal
An Act Respecting
Duties on Transfers
of Immovables
Up to $50,000
50,001–250,000
Over 250,000
0.5%
1.0
1.5
Québec
7
—City of
Montreal
An Act Respecting
Duties on Transfers
of Immovables
Up to $50,000
50,001–250,000
250,001–500,000
500,001–1,000,000
Over 1,000,000
0.5%
1.0
1.5
2.0
2.5
New Brunswick
8
Real Property Transfer
Tax Act
All values
$75 + 0.5%
Nova Scotia
9
Land Registration Act
All values
$85.18
(increasing to
$100 effective
June 1, 2013)
+
0% to 1.5%
Prince Edward
Island
10
Lands Protection Act
All values
$550 +1.0%
Real Property Transfer
All values, if
$0 to $450 +1.0%
Tax Act
over $30,000
Newfoundland and
Labrador
11
Registration of Deeds
Act
Up to $500
Over 500
$100
0.4%
Notes
(1) The rates of tax shown in the table are graduated rates. For example, the land transfer tax
levied on the transfer of a property in Manitoba valued at $150,000 is calculated as
$70 + (0.5% × 60,000) + (1.0% × 60,000) = $970.
(2) British Columbia levies land transfer tax on registered transfers or grants of land, based on
the value of the property being transferred. Exemptions may apply to certain mortgages,
leases under 30 years, amalgamations, first-time buyers of qualifying residential property,
transfers of farmland to related individuals or family farm corporations, transfers of a
principal residence or certain recreational residences between related individuals, transfers
to registered charities of land used for charitable purposes, certain transfers in the
course of subdivisions, certain transfers between joint tenants and tenants in common,
transfers between minors and the Public Guardian and Trustee, transfers to and from Trust
Companies or the Public Trustee, certain transfers following bankruptcy, transfers resulting
from marriage breakdown, transfers under the Veterans’ Land Act (Canada), transfers
by which property reverts to the Crown, and transfers to municipalities and other local
governments. A refund of land transfer tax may be available where both land transfer and
provincial sales taxes have been paid. The 2013 British Columbia budget expanded the
exemption for transfers of farm land from a deceased’s estate in respect of a family farm
or a family farm corporation.
Current as of May 3, 2013
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