City of Toronto staff are proposing a 10.5 per cent property tax increase — basically, more than $300 per year added to the bill of the average home — and warning that without funding from the federal government, that could climb as high as 16.5 per cent. CBC’s Shawn Jeffords breaks down the budget process, including how the increase could impact renters, as well as home and condo owners.
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For more than 80 years, CBC News has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio, CBCNews.ca, mobile and on-demand, CBC News and its internationally recognized team of award-winning journalists deliver the breaking stories, the issues, the analyses and the personalities that matter to Canadians.
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For breaking news, video, audio and in-depth coverage: http://bit.ly/1Z0m6iX
Follow CBC News on TikTok: https://bit.ly/3TnHioe
Follow CBC News on Twitter: http://bit.ly/1sA5P9H
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For more than 80 years, CBC News has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio, CBCNews.ca, mobile and on-demand, CBC News and its internationally recognized team of award-winning journalists deliver the breaking stories, the issues, the analyses and the personalities that matter to Canadians.
- Category
- World
- Tags
- Toronto, Toronto City Council, Toronto City Hall
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