Toronto city council voted to bring in a new surtax on high-value home sales while asking the provincial government for sales tax revenue to help tackle a looming budget crunch. Mayor Olivia Chow says...
But the value of homes is inflated in Toronto. And the density of homes is greater. So it’s kind of an apples and oranges comparison. The idea is to raise taxes on those who have the means to afford it.
But the value of homes is inflated in Toronto. And the density of homes is greater. So it’s kind of an apples and oranges comparison. The idea is to raise taxes on those who have the means to afford it.
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