Cbc News Toronto
Cbc News Toronto
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Mayor Chow proposes higher tax on luxury homes

Posted

December 10, 2025

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14,900

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As the City of Toronto prepares its 2026 operating budget, the mayor wants the wealthiest people in the city to contribute more to it. CBC’s Lane Harrison explains how the proposed increase to the luxury homes tax would work.

#CBCToronto #Toronto #RealEstate #Tax #Money #Luxury

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Mayor Chow proposes higher tax on luxury homes · Cbc News Toronto · Sentinel