One (Transit) City
Posted
6/27/2012 8:34:00 AM
John Oakley returns Tuesday, July 2nd! In the meantime...
TTC Chair Karen Stintz is scheduled to unveil a transit plan for the city of Toronto.
Funding of the project relies on upping property taxes. Not by much; it begins with an annual amount of $45 and will increase over four years to a cap of $180.
Toronto’s property taxes would still be among the lowest in the region with the $180 taken in to account.
This is also a thirty year plan, so don’t expect that $180 levy to go away.
Aside from the déjà vu you might experience as this looks an awful lot like the plan for Transit City, would you be willing to fund this project via your property taxes?
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John Oakley
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