Toronto, ON: The Canadian Taxpayers Federation is slamming Toronto city council for proposing to raise taxes and take more of taxpayers’ money from other levels of government while proceeding with costly pet projects in its 2021 budget released this morning.
“Torontonians are struggling right now, but it’s business as usual for city council: raise taxes and continue wasting money,” said Jasmine Moulton, Ontario Director for the Canadian Taxpayers Federation. “Instead of abandoning wasteful pet projects, Toronto Mayor John Tory is raising property taxes well beyond the rate of inflation and asking for more taxpayers’ money from other levels of government.”
In his 2018 election campaign, Tory promised to keep property taxes at or below the rate of inflation. Toronto’s proposed 2021 budget raises property taxes by 0.7 per cent (at inflation), but also adds a 1.5 per cent increase to the city building levy on top of property taxes.
