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Learn More About Property Taxes and Insurance


DESCRIPTION Expenses related to property taxes plus related insurance costs of fixed assets.
Measurement Methodology Insurance: Farmer Survey
Property taxes: Model Farm plus data from Municipal Property Assessment Corporation
Updating Frequency Annually updated in the first full quota period in a calendar year 
Updating Methodology Updated using the following Statistics Canada indexes (based on year over year changes for the latest 12 months of available data):

1.   v41691957 – Consumer Price Index, 2011 basket; Ontario; Property taxes (including special charges)

2.   v41691958 – Consumer Price Index, 2011 basket; Ontario; Homeowner’s home and mortgage insurance