Councillor Burnside asks how much higher Toronto’s property taxes would be if the city eliminated the land transfer tax. CFO says it’d be equivalent of an 18% property tax increase — about $700 on the average bill.
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Councillor Burnside asks how much higher Toronto’s property taxes would be if the city eliminated the land transfer tax. CFO says it’d be equivalent of an 18% property tax increase — about $700 on the average bill.