Mayor Olivia Chow and budget chief Coun. Shelley Carroll revealed the figure to reporters Monday as part of the city’s proposed budget this year.

“This proposed budget will mean change in Torontonians’ lives today. Change means libraries open seven days a week, transit fares frozen while TTC service increases and thousands more kids fed meals at schools and summer camps,” Chow told reporters at city hall.

“Pools open sooner and longer; renovictions prevented by taking housing off the market and more support for tenants; traffic agents to keep Toronto moving and emergency responders arriving sooner when you need them most.”

☝️Now that’s how a politician should talk about taxes.

  • observantTrapezium
    11·
    20 hours ago

    No one likes paying taxes, but I think that for most people who can afford to buy a home in this city, property tax is still significantly lower than provincial and federal taxes, and arguably you get more for your buck (the money is spent closer to home, by definition).

    • Avid AmoebaOP
      8·
      20 hours ago

      Yup. Anyone unhappy with property taxes should ask how Ford is spending their provincial income taxes.

  • Rentlar
    7·
    20 hours ago

    5.4% property tax increase + 1.5% City Building Levy = 69‰ tax increase (nice)

    People have to put behind them the Tory-Ford era of just cutting taxes and letting this amazing city rot. Nobody enjoys having to pay more, but if you know that these increases lead to actual positive impacts then people will be all ears.

  • pimento64@sopuli.xyz
    64·
    23 hours ago

    But they’re doing that by increasing taxes on wealth, capital gains, windfalls, luxury real estate, and income in the top 10%, right? They’re totally not increasing taxes by even so much as one penny on working class citizens when there’s so much obscene wealth controlled by a few.

    Right?

    • n2burns
      14·
      23 hours ago

      But they’re doing that by increasing taxes on wealth, capital gains, windfalls, luxury real estate, and income in the top 10%, right? They’re totally not increasing taxes by even so much as one penny on working class citizens when there’s so much obscene wealth controlled by a few.

      Municipalities in Ontario don’t have the ability to tax those things.

      • Avid AmoebaOP
        6·
        22 hours ago

        In addition, property taxes on a large house are much higher than the property taxes on a condo. So even though they can’t target wealth very well, the property tax is somewhat progressive.