Land transfer tax, also referred to as “property transfer tax,” is a fee that most buyers need to pay when they acquire a new property in Canada. This one-time fee is one of several costs paid by the buyer of a new property.When you purchase a property in Canada, you’re required to pay a property transfer tax and fill out a property transfer tax return.  If your property transfer tax isn’t paid on the date it’s registered, the Land Title Office can refuse to officially register your property transfer. The amount you owe depends on the province or municipality where you bought the property. Ontario, British Columbia, Manitoba, Nova Scotia, New Brunswick and Prince Edward Island all charge their own version of a land transfer tax.