Taxpayers Federation criticizes Tory’s property tax hike

Author: Jay Goldberg 2023/01/10

Toronto, ON: The Canadian Taxpayers Federation is calling on Toronto Mayor John Tory to reverse his plan to increase Toronto property taxes by 5.5 per cent this year.

“Now is the worst possible time for a massive property tax hike,” said CTF Ontario Director Jay Goldberg. “Taxpayers are being forced to deal with soaring inflation and sky-high interest rates. Governments should be looking for ways to ease the burden, not make it heavier.”

The average home price in Toronto was $1,051,000 in 2022. A family that owns that home will see property taxes rise by $365.

“Tens of thousands of Ontarians are turning to foodbanks for help this year as prices continue to rise,” said Goldberg. “The average family’s grocery bill was up $1,000 last year. Hardworking taxpayers can’t afford to fork out hundreds of dollars extra in property taxes to fund Toronto’s bloated budget.

“Under Tory’s leadership, operating spending has increased by 43 per cent over the past five years,” said Goldberg. “Tory should be looking for ways to cut spending, not punish hardworking families.” 

A Note for our Readers:

As you may know, we're working hard to stop Prime Minister Trudeau's attempt to add a 2nd carbon tax upon Canadian taxpayers. If you are against this tax, would you take a moment today to read and consider signing the petition below?

When you do, your name will be added to the growing list of tens of thousands across our country who want to tell the government that we are opposed to these new taxes. Please take a moment to read the petition below and consider signing it today.

To Prime Minister Justin Trudeau:

The federal government is introducing new fuel standard regulations to require industry to reduce the carbon content of fossil fuels. If industry can’t meet the standard, they’ll have to pay Trudeau's second carbon tax. This tax will ultimately hit already struggling families and businesses.

It’s bad enough that taxpayers are already paying for one carbon tax. Canadians certainly can’t afford a second carbon tax.

We, the undersigned, call on Prime Minister Justin Trudeau to scrap plans for a second carbon tax.

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