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ARTICLE · 09 MAY 2014

Wind Turbines Do Not Adversely Affect Residential Property Values

The mandate of the Municipal Property Assessment Corporation is to provide property assessments to municipalities as well property owners.

CanadaEnergy and Natural Resources

The mandate of the Municipal Property Assessment Corporation (MPAC) is to provide property assessments to municipalities as well property owners, tenants and other stakeholders across Ontario, using a property assessment system based on current values.

Growth in the renewable energy sector in Ontario in recent years has drawn considerable attention to questions regarding the impact of Industrial Wind Turbines (IWTs) on the value of residential properties. These issues were initially explored in a 2008 report, which concluded that the presence of IWTs that are either abutting or in proximity to a residential property do not have an impact on that property's value assessment. The MPAC has now published a new study, using updated, 2012 property assessment data, which reaches the same conclusion.

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