Finance chief lays out doomsday scenario
Homeowners could face 'worst-case' property tax hike
Toronto's chief financial officer warns of 20% tax hike
Even if this happens, Toronto would still have rates lower than its neighbours. Look at the chart linked to in the previous post. Even with a 20% increase Toronto's tax rate would be less than Mississauga's and Vaughan's. In fact Toronto would go from having the lowest rate to the third lowest rate.
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