How to collect vacancy tax in Toronto? What is vacancy tax?

The Toronto city government said in a public press release that the vacant house tax can curb real estate speculators and encourage homeowners to rent and sell their vacant houses. In this way, the housing supply in the market will increase and the supply relationship will be healthier. Housing vacancy tax generally refers to? Property vacancy tax? Vacancy tax on real estate is a punitive tax levied by real estate developers at progressive rate according to the number of vacant years after the development is completed because the commercial houses sold are excessively vacant or the houses are vacant by their owners for a certain period of time.