Toronto Mayor Olivia Chow says she will reduce multi-residential tax rate to help renters

​Mayor Olivia Chow says she is reducing the proposed tax increase for multi-residential properties to keep landlords from passing the cost onto renters. The current proposed multi-residential tax rate increase is six per cent, broken down to 4.5 per cent in property taxes and the 1.5 per cent increase to the City Building Fund, which […]