UW Indigenous Residence

[nms]

The Ontario Assessment Act states: 

Property assessable and taxable, exemptions

3 (1) All real property in Ontario is liable to assessment and taxation, subject to the following exemptions from taxation:



Public educational institutions
4.  Land owned, used and occupied solely by a university, college, community college or school as defined in the Education Act or land leased and occupied by any of them if the land would be exempt from taxation if it was occupied by the owner.

Land leased and occupied by universities, certain conditions
4.0.1  Land leased and occupied solely by a university if the following conditions are satisfied:

i.  the land forms part of the main campus of the university,

ii.  the land is used for administrative, educational or research purposes or such other purposes as may be prescribed by the Minister,

iii.  the university is a not-for-profit corporation without share capital, and

iv.  such other conditions as may be prescribed by the Minister.

This also means that both the CIGI property (owned by CIGI, I believe) and the Perimeter Institute property are exempt though I believe in the case of Perimeter, the City still retains title of the land but has leased it to Perimeter.