Chow warns funding shortfall for asylum seekers equivalent to two per cent tax hike
Mayor Olivia Chow warns Toronto faces a $107 million shortfall in refugee housing funding amid federal and provincial cuts, risking a 2% property tax increase to cover shelter costs.
6 Articles
6 Articles
Toronto mayor ups pressure on federal, provincial governments to pay for refugee housing
Mayor Olivia Chow says Toronto taxes may have to go up by "at least two per cent" if the federal and provincial governments refuse to reinstate funding for refugee housing that has left the city in a $107-million deficit.
Chow warns funding shortfall for asylum seekers equivalent to two per cent tax hike
Toronto Mayor Olivia Chow is warning that Toronto residents could see a bump in their taxes to account for shelter costs if the federal government doesn’t provide more cash for asylum seekers coming to the city.
Toronto Could Face Higher Property Taxes As Feds Cut Refugee Support
Despite the fact that Toronto’s unhoused population has more than doubled since 2021, the City is set to receive a fraction of the Canada-Ontario Housing Benefit (COHB) funding in its sixth year that it did in both its fourth- and fifth-year allocations. Toronto Mayor Olivia Chow wrote in a letter that went to the Executive Committee on Monday that the Province allocated $38 million to Toronto from the COHB between April 2024 and March 2025, and…
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