From JayJGoldberg: Toronto mayoral candidates need to pledge to cut spending, keep property tax hikes down topoli
And for those who argue that Toronto hasn’t been increasing taxes enough over the past several years, look no further than Tory’s 2023 plan, endorsed by council, to hike property taxes by 7%.
Matlow claims Tory’s supposed penny pinching approach “kept taxes artificially low by starving the services that made Toronto the incredible city I grew up in.”Article content Candidates should be looking to save, not to tax. Matlow could find a similar amount of budget room by cancelling wasteful initiatives like the city’s $300-million bid to host a handful of World Cup games in 2026.Gil Penalosa, who came in second behind Tory in last year’s election, is also promising higher property taxes. Many more who have joined the race have alluded to raising taxes but haven’t yet firmly committed to do so in a written platform.
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