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Event Brief

Toronto Proposes 2.2% Tax Increase in Budget Process

Toronto's budget plan includes a 0.7% property tax hike and 1.5% for building funds.
WHO: Toronto City Council
WHAT: Proposed budget with tax increases
WHEN: Jan 7, 2026 at 7:00 PM ET
WHERE: Toronto, Canada
WHY: To fund city services and building projects
Sources (1): Global News Canada

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