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Toronto budget proposes 6.9% property tax increase

January 13, 2025 6:33 pm EST.
Touting investments in police and transit, Mayor Olivia Chow announced the initial Toronto budget will contain a 6.9% property tax increase, estimated to cost the average homeowner $268.37 more a year.

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Live Streaming 24/7

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The latest updates and breaking news, now available around the clock. Check back in with us at any time to find out what's happening, and always be the first to know. CityNews, Everywhere.

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