Toronto Mayor Olivia Chow is proposing a 9.5% property tax increase in the 2024 budget to fill a $1.8 billion shortfall. The budget also includes investments in affordable housing and transit.
Toronto Mayor Olivia Chow has unveiled a $17 billion draft budget for 2024 that includes a massive tax hike and investments in affordable housing and transit. The budget proposes a 9.5% increase in property taxes to fill a $1.
8 billion shortfall. Other key items include funding for a busway and a smaller increase to the police budget.
Toronto Mayor Olivia Chow Budget Property Taxes Tax Hike Affordable Housing Transit
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