Annual Reporting Requirements

MRDT: How and When to Report Out

Under the Provincial Sales Tax Act, all designated recipients must account annually, to the Province, for how money received from the tax has been spent.

All designated recipients must submit an Annual Performance Report, a Financial Report, and a One-year Tactical Plan, annually, to the Province.

The Annual Performance Report and the Financial Report must be submitted by May 31 of each year. The One-year Tactical Plan must be submitted by November 30 of each year.

Designated recipients not subject to renewal application requirements must submit a Five Year Strategic Business Plan every five years. The next Five Year Strategic Business Plan is due November 30, 2021.

You can find all these forms on the MRDT Forms page.

Affordable Housing Reporting Requirements:

The Affordable Housing MRDT Plan (Appendix 1.8) is required for:
Renewal/new MRDT applications that include affordable housing regardless of the revenue source;

• A full application package submitted midway through a five-year tax term if designated recipients wish to use general MRDT revenues on affordable housing; and
• If designated recipients wish to use any OAP revenues on affordable housing in the next year, due November 30 prior to implementation.

Annual Affordable Housing MRDT Report:
Designated recipients that spend MRDT revenues on affordable housing, regardless of whether from OAP revenues or from general MRDT revenues, must submit an Annual Affordable Housing MRDT Report by May 31 of each year (see Appendix 2.4).

All Annual Performance Management and Reporting Requirements documentation must be submitted by email to [email protected].