Loading...
HomeMy WebLinkAbout08-26-25 - No. 17 ar I IV 05-71' ct 1212F- NI46AAA F c The City of Niagara Falls, Ontario Resolution August 26, 2025 No. 17 Moved by: Councillor Lococo Seconded by: Councillor Patel Re: Supporting Resolution from the City of Kingston — Heritage Insurance Rates At the Corporation of the City of Niagara Falls Council meeting held on August 26, 2025, the Niagara Falls City Council passed a resolution to receive and support the resolution sent from the City of Kingston regarding Heritage Property Insurance Rates. THAT Council RECEIVE and SUPPORT the resolution put forth by the City of Kingston at their City Council meeting of August 12, 2025, with respect to Heritage Property Insurance Rates. AND The Seal of the Corporation be hereto affixed. Carried Unanimously WILLIAM G. MATSON, CITY CLERK JAMES M. DIODATI, MAYOR at Office of the City Clerk August 14, 2025 Via email All Ontario Municipalities Re: Kingston City Council Meeting, August 12, 2025 — Resolution Number 2025-269 — Heritage Property Insurance Rates At the regular Council meeting on August 12, 2025, Council approved Resolution Number 2025-269 with respect to Heritage Property Insurance Rates, as follows: Whereas heritage is a fundamentalpart of individual and communityidentity, and 9 Y is a major driver of Kingston's tourism economy; and Whereas the Ontario Heritage Act encourages municipalities in Ontario to designate and protect properties that meet provincial criteria related to design value, associative value and contextual value; and Whereas the Provincial Planning Statement states that protected heritage property shall be conserved; and Whereas the City of Kingston's Official Plan states that built heritage resources in Kingston shall be conserved; and Whereas conserving heritage properties has direct benefits to property values, tourism and the environment; and Whereas homeowners require insurance to protect their homes, which is often their most significant financial investment, and can be required to maintain a mortgage; and Whereas the cost of living and the cost of insurance is on the rise in Canada; and Whereas the Province of Ontario has stated that a heritage designation does not place additional requirements on insurers and that insurance premiums should not go up because of a heritage designation; and Whereas some homeowners have reported that their premiums have gone up as a result of a heritage designation or they have been denied an insurance policy as a result of a heritage designation; and The Corporation of the City of Kingston 216 Ontario Street, Kingston, ON K7L 2Z3 Phone: (613) 546-4291 extension 1207 cityclerk@cityofkingston.ca - 2 - Whereas as a result of insurance concerns, some impacted homeowners have objected to a proposed heritage designation on their property or have applied to have a designating by-law repealed; and Whereas this directly threatens the unique and irreplaceable heritage character of Kingston and Ontario; Therefore Be It Resolved That Kingston City Council call on the Provincial Government to: • investigate why some insurers are raising premiums on heritage designated properties or are denying insurance policies as a result of a heritage designation in contravention of provincial guidance; and • bring insurance regulators, insurance industry representatives and heritage professionals together to find solutions that enable the continued protection of heritage properties without unwarranted financial burden on homeowners; and • regulate the impact of heritage designation on insurance premiums through enforcement, education and new solutions; That a copy of this resolution be forwarded to the Honourable Doug Ford, M.P.P. Premier of Ontario, the Honourable Graham McGregor, M.P.P. Minister of Citizenship and Multiculturalism, Ted Hsu, M.P.P. Kingston and the Islands and John Jordan, M.P.P. Lanark-Frontenac-Kingston, all Ontario municipalities, the Association of Municipalities of Ontario, the Financial Services Regulatory Authority of Ontario, the Canadian Council of Insurance Regulators, and the Insurance Bureau of Canada. Yours sincerely, ,c,4„14.A Janet Jaynes City Clerk /nb