What’s driving property tax hikes in big cities?
Cities in Canada pay for most of the services they provide with property taxes. What homeowners are charged in property taxes – and how much that goes up or down with each budget – has become a political statement, as well as a rallying cry for affordability. Urban affairs reporter Oliver Moore gets at the numbers behind the latest property tax hikes across the country, telling us what they’re paying for, why they are mostly going up – some, like Toronto’s, way up – and what other tools cities have to raise the money they need for services like garbage pickup and park maintenance.
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Show Notes
Cities in Canada pay for most of the services they provide with property taxes. What homeowners are charged in property taxes – and how much that goes up or down with each budget – has become a political statement, as well as a rallying cry for affordability.
Urban affairs reporter Oliver Moore gets at the numbers behind the latest property tax hikes across the country, telling us what they’re paying for, why they are mostly going up – some, like Toronto’s, way up – and what other tools cities have to raise the money they need for services like garbage pickup and park maintenance.
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