New Toronto budget comes with 6.9% property tax hike | CP24 Live at Five for Jan. 13, 2025

- Toronto's proposed 2025 budget comes with a 6.9 percent property tax hike.
- Ontario Premier Doug Ford is promoting a new minerals deal with the U.S. amid growing speculation over an early election call.
- A nine-year-old boy is dead following an overnight rollover on the QEW in Oakville.

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[koolerpure]

damn make Toronto even more unlivable, why not

[crazyforcanada]

This means that if the owner of the property has a flat to rent, or a room to rent, the tenant will pay the 6.9% in his rent hike.

[fernendo]

I am moving to Turkey. Canada is a cold India with high taxes. Ugly place.

[RobotsandMonsters]

Dang, liberal Toronto getting exactly what they like! Taxes!

[lsbg]

How about managing your expenses I am not getting a 6.9% salary increase? She also increased taxes last year around 8%! The city should be able to do more with less most people have the same paycheck and have to make choices on where to spend the money. Everything is increasing in price and now we need to pay more for properties taxes. This is outrageous! Most people can't afford to have kids, the TTC is getting more and more dangerous and the solution is to increase taxes?

[supernovabrightstar]

What a disaster! Just like Doug Ford said, you'll pay more taxes if you elect Olivia Chow. Thanks Toronto voters, enjoy paying more taxes you can't afford and get less services.

[Tree-bs]

Liberal or NDP municipalities city councils cost taxpayers like Trudeau 🇨🇦

[supernovabrightstar]

This is what you get for electing an NDP, more taxes! Olivia Chow wasted more than $12, 000, 000.00 on renaming Dundas square to Sankofa Square. How did that help Toronto taxpayers? Now she needs more of your money so she can waste it like she wants. Increasing property tax will only work on increasing rents, this increase will be passed to tenants. Thank you Toronto voters, ENJOY PAYING MORE TAXES!

[CJFreeza]

Daayum that's alot when you own 1 million plus house values . This is insane and the wannabe rich are gullable

[mbergamin]

You wanted Chow, now you all can chow on those taxes 😂

[Richiesrant]

Yep, keep voting Liberal and this is what you get.

[gregfrie]

😂😂😂😂😂😂 they voted for that how gullible are these smart people

[Dam-a-fence]

Doug Ford has made Ontario unlivable for anyone who values having neighbors, instead of investors.

[lewiscarey]

TAX BUMP?? CP24 you are 1 of a kind!!! THIS TAX HIKE IS SAYING: BENOIVER TAXPAYERS.. WE ARE GOING TO

[lorpis]

Increase property taxes during a housing affordability crisis? How much blood do they think they will get from that stone? Sounds more like an eviction notice to me. Who will end up owning everything and who will be happy?

[mishmashmike]

who would of thought with Olivia???? lmao.

[ohcanadaeh]

Enjoy your never ending tax increase, Toronto...! Olivia Chow is your choice.

[paulcampbell]

People who voted for her didn't know she was going to do this?? Really??

[jameslozinski]

I moved out of toronto in 2024. Moved to alberta. Screw toronto and ontario.

[wteres]

REMEMBER THIS INCREASE ON ELECTION DAY - EMAIL YOUR COUNCILLOR AND STATE YOUR OPPOSITION