BREAKING: Progressive stalwart Olivia Chow will be Toronto's next mayor, the CBC News decision desk projected Monday, elected in a stunningly tight race that saw former councillor Ana Bailão come in a close second.
Toronto votes 2023: Mayoral Byelection SpecialJoin CBC Toronto as we bring you the result of the Toronto mayoral byelection and break down what it means for the city's future. Chris Glover hosts the special with Angelina King breaking down ward-by-ward results.
Chow, who was born in Hong Kong, will become the third woman and first racialized person to serve as mayor in Toronto's history. She steps into the city's top spot as it grapples with huge challenges on multiple fronts such as a massive budget shortfall, an affordability crisis and public safety concerns.
Among her headline commitments is a pledge to get the city back into social housing development and an annual $100 million investment in a program to purchase affordable homes and transfer them to non-profits and land trusts. Chow campaigned from the left, promising to expand rent supplements by introducing a "luxury home tax," an expanded land transfer tax on homes sold for $3 million and over. She also said she'll triple the city's existing vacant homes tax to three per cent.
The last week of the campaign saw Ontario Premier Doug Ford all but formally endorse Saunders, warning at an unrelated news conference that a Chow mayoralty would be an "unmitigated disaster" and that she would raise taxes at an "unprecedented rate." "Throughout Olivia's life, she has proven her desire and dedication to serving the city that many of us call home. While we're not always going to agree on everything, what we can agree on is our shared commitment to making Toronto a place where businesses, families, and workers can thrive."
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