Transit levy on property tax bill surprises some
CBC News | Posted: June 4, 2014 1:02 AM | Last Updated: June 4, 2014
Toronto residents may have noticed a new line on their property tax bill this year – the transit expansion levy.
The tax, which will cost the average homeowner about $13, was voted on in 2013 in order to raise $1 billion to pay for the city’s portion of the Scarborough subway.
However, with this being an election year, the future of the subway is still uncertain.
Watch the video for Jamie Strashin’s has the report.