Experts warn that the additional transfer fees, which goes into effect April 1, will trigger a flight to the suburbs, more ...

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.

Mayor Olivia Chow has kicked off an election year with a tax hike, but it's much lower than past budgets ...

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The City of Toronto is proposing a 2.2 per cent property tax increase in its 2026 budget, according to a statement from the mayor's office, after Olivia Chow said in late 2025 that a softer tax ...

Add Yahoo as a preferred source to see more of our stories on Google. Toronto mayoral candidate Brad Bradford meets with the Toronto Sun editorial board in Toronto, Ont. on Tuesday, June 13, 2023.

Once again, Mayor Olivia Chow is proposing to increase Toronto’s Municipal Land Transfer Tax.

Toronto’s budget chief is defending the city’s financial blueprint from accusations that it is not a coincidence its lower-than-usual increase comes in an election year. Budget season kicked off ...