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Toronto Unveils New Housing Taxes and Revenue Strategies to Address Funding Shortfall

The City of Toronto on Wednesday approved an updated long-term financial plan aimed at addressing its funding shortfall. The plan

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NetNewsLedger - City of Toronto Takes Drastic Measures to Tackle Unprecedented Financial Crisis, Urges Provincial and Federal Support

Toronto, Ontario – In an emergency session held today, Toronto City Council has unanimously approved a comprehensive set of measures to address the city's dire financial crisis. With an estimated $1.5 billion shortfall looming for the 2024 operating budget and an alarming $29.5 billion requirement for the 10-year Capital Plan, Toronto finds itself grappling with

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Toronto council votes to implement additional budget tools, calls on feds for support to address financial crisis

“We still need our partners – the Government of Canada and the Province of Ontario – to step up for the people of Toronto,” Mayor Chow said.

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