Municipal and Provincial Discount Factors

Municipal Discount Factors (MDFs)/Provincial Land Discount Factors (PLDFs) are one of a number of methodologies used in the recalculation of phased-in assessments. MDFs/PLDFs are used when changes, such as new construction, have been made to a property. The factors are used to ensure the phase-in for that property represents only the market increase. They are calculated for each property class, in each municipality.

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How Phase-in works

ow phase-in works