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Toronto council approves Mayor Chow’s 2025 budget that includes 6.9 per cent tax hike, votes to eliminate Tesla subsidy

Summary by CTV News
Toronto City Council has voted to approve Mayor Olivia Chow’s 2025 city budget, which includes a 6.9 per cent tax hike to support the $18.8 billion operating budget and the $59.6 billion capital plan.

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Toronto council approves Mayor Chow’s 2025 budget that includes 6.9 per cent tax hike, votes to eliminate Tesla subsidy

Toronto City Council has voted to approve Mayor Olivia Chow’s 2025 city budget, which includes a 6.9 per cent tax hike to support the $18.8 billion operating budget and the $59.6 billion capital plan.

·Canada
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municipalinfonet.communicipalinfonet.com

Toronto - 2025 Budget now final – prioritizes affordability, transportation, safety and community services

On February 11, Toronto City Council considered the 2025 rate and tax-supported operating and capital budgets proposed by Mayor Olivia Chow. The 2025 Budget will improve affordability and safety, keep. . .

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CTV News broke the news in Canada on Wednesday, February 12, 2025.
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Olivia Chow

Olivia Chow

Taxes

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Toronto, ON

Toronto, ON

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