Economy

Keep residential property tax increases at or below the rate of inflation.

Achieved
Aug 2018

Tory commits to keeping tax increases at rate of inflation if re-elected

CTV News August 01, 2018

John Tory has committed to limiting any property tax increase to at or below the rate of inflation should he be re-elected, even against the backdrop of a budget shortfall that is projected to reach $1.42 billion within five years.

Feb 2018

John Tory will not commit to future cap on Toronto property taxes

Globe and Mail February 13, 2018

Jan 2015

Mayor Tory proposes 2.25 per cent property tax hike in 2015 budget

Global News January 20, 2015

This is still at or below inflation.