Toronto's 2025 Budget Proposal
This is a news story, published by Global News, that relates primarily to Olivia Chow news.
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City Building FundGlobal News
•Toronto proposes 5.4% residential property tax spike in 2025 budget - Toronto | Globalnews.ca
73% Informative
Mayor Olivia Chow and budget chief Coun . Shelley Carroll revealed the figure to reporters Monday .
The city is proposing a 5.4 per cent residential property tax increase to help fund a planned $18.8 billion budget for 2025 .
The combined 6.9 per cent tax increase builds on last year’s record 9.5 per cent hike.
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