City council will debate the staff report, and the possibility of asking the province for the power to levy a sales tax, at its next meeting
for study into the possibility of the province similarly transferring some of its sales-tax revenue to the city.calling for a process by which “new direct taxation powers” for cities can be assessed., west of Toronto, is home to about 205,000 people and faces an infrastructure backlog that Mayor Marianne Meed Ward said has tripled to $500-million in recent years.
“We can’t continue to run modern cities on the property-tax base, and fund all of the things that we’re asked to fund through the property-tax base. There has to be a different formula, and that is both a nationwide and a provincewide discussion right now.” “Our recommendation to you ... is to focus on sales tax because of the framework that would allow us to move in that direction faster,” he said. “But it is not to take income tax off the table.”
Toronto currently has no revenue tool linked to growth, which helps explain the incongruity of a city that has boomed so long being so broke.’s six concert dates planned for late next year. When fans pour into Toronto, little of their spending will boost the coffers of city hall, which may actually lose money on the events because of increased policing and transportation costs.
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