Matthew Lau: Toronto should ditch its land transfer tax

After turfing its left-wing mayor, Calgary is rolling back tax hikes. Toronto should, too, starting with its unfair land transfer tax

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In Calgary, the benefits of turfing a left-wing mayor, which voters did in October’s election, are already being felt: a 3.6 per cent property tax hike planned for 2026, which would have been on top of significant increases in previous years, has been reduced to 1.64 per cent.

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Compare this to Toronto, where in her first two years as mayor former NDP MP Olivia Chow whacked residents with a cumulative 17.1 per cent property tax hike and last week

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