Friday, September 21, 2007

Toronto threatened to pay similar taxes as neighbours!

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.

No comments: