I heard “through the grapevine” that the cost of renewing our license plate stickers is going to increase – and then increase – and then increase again.

Trying to find this information on the Ministry of Transportation of Ontario’s website is like looking for a needle in a haystack – obviously they don’t want us to find it!!!

However – here’s the scoop.

As of September 1, 2012, the renewal price is going up from $74 to $82.  That’s a 10.8% increase.   Then, in  2013 (and I believe it is January), the cost will go up again, to $90 (another 9.8% increase).  In  2014, another increase to $98.00 (+8.9%).  All together, the jump from $74 to $98 represents an increase of 32.4%.  Nice work if you can get it!

As painful as this is, there will be  some of you who can delay the pain.  If your birthday is after September 1, 2012,  go and purchase your new 2-year license plate sticker at the current $74/year cost BEFORE the Sept 1st deadline.  The system apparently allows you to buy the renewal stickers up to 6 months in advance.  It may not be a huge savings – but it is one more tax grab from this Liberal government that you won’t have to deal with for a few years.