Toronto Mayor Olivia Chow is set to unveil a budget that includes a 9.5% tax increase for homeowners. This is a decrease from the previously proposed 10.5% increase. The budget will also include a 1.5% increase to the City Building Fund for transit and housing. The total residential increase for 2024 would be the largest since amalgamation.
Toronto Mayor Olivia Chow is proposing a 9.5% tax increase for homeowners in her budget. This is a decrease from the previously proposed 10.5% increase. The budget will also include a 1.5% increase to the City Building Fund for transit and housing.
The total residential increase for 2024 would be the largest since amalgamation.
Toronto Mayor Olivia Chow Budget Tax Increase Homeowners City Building Fund Transit Housing Residential Increase
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