A $500,000 house in the 905 pays almost double the property tax that a $500,000 house in Toronto pays,” he noted. “I think this is a short-sighted solution to Toronto’s problems — they’re literally taxing the 905 to pay for Toronto’s problems,” said Durham Region Chair Roger Anderson. Mayor Tory has many tools at his disposal to raise revenues that other cities do not have. “It’s important that Mayor Tory understand the ramifications of his actions on business and tourism. However, as Toronto owns the Gardiner and DVP, he is free to impose these tolls without input from his neighbours in the 905,” she added.
Source: thestar November 24, 2016 17:44 UTC