Experts warn that the additional transfer fees, which goes into effect April 1, will trigger a flight to the suburbs, more ...
Toronto's priorities for its 2026 budget are affordability and a lower tax increase than the city has seen in recent years, ...
A 2.2 per cent property tax increase is being proposed for Toronto residents as part of the 2026 budget. Mayor Olivia Chow’s ...
Toronto Life on MSN
Toronto’s property taxes will increase this year
As the Toronto Star reported, this year’s 2.2 per cent tax increase is lower than many expected, and certainly lower than ...
The tax raises rates across five price tiers, starting at 4.4% for the $2.2-2.8 million USD range and topping out at 8.6% for $14 million USD and up.
Toronto is one step closer to making luxury homebuyers pay more in land transfer taxes after a city council committee endorsed the mayor's plan for a hike beginning in April 2026. At its meeting ...
In Toronto, a city-led budget is proposing a 0.7 per cent increase to the general property tax rate and an extra 1.5 per cent ...
Economists at Canada’s biggest banks are calling on Prime Minister Mark Carney to reform taxes, arguing his latest budget investments won’t meaningfully move the needle on competitiveness.
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