Toronto's mayor raids reserves at rate not seen in more than decade to keep tax hike proposal low

You can save this article by registering for free here. Or sign-in if you have an account.

Mayor Olivia Chow kicked off the announcement of her election year budget with a campaign-style speech on Thursday. Standing in the Junction Triangle Branch of the Toronto Public Library, Chow said that her budget was about investing in services and giving residents a break.

Subscribe now to read the latest news in your city and across Canada.

Subscribe now to read the latest news in your city and across Canada.

Create an account or sign in to continue with your reading experience.

Create an account or sign in to continue with your reading experience.

Don't have an account? Create Account

The budget has a proposed 2.2% tax increase, the lowest since 2022, with a 0.7% rate hike for the operations budget........

© Toronto Sun