Old, abandoned, or unused oil tanks present serious and growing risks over time.
Dormant oil tanks can:
- Develop internal corrosion leading to fuel leaks without warning
- Cause soil and groundwater contamination, creating major environmental liability
- Trigger insurance cancellation or refusal of coverage
- Create obstacles during home sales, refinancing, or property transfers
- Reduce property value and delay or prevent real estate closings
In many cases, properties in Bracebridge and Muskoka cannot be sold or refinanced until an abandoned oil tank has been fully removed and properly documented.
Professional Oil Tank Removal Is Required
Oil tanks must be removed by a licensed, approved contractor to ensure compliance, safety, and proper documentation. Approved removal must be performed by a company recognized by:
- Technical Standards and Safety Authority (TSSA)
- Ontario Ministry of the Environment, Conservation and Parks (MECP)