Less permit fee and land transfer tax revenue is driving Toronto’s overall revenue drop.
Other Topics
Singapore's COVID-related deaths equal 0.0002 per cent of that country's population.
Premier Kenney says province likely to run a deficit close to $20 billion.
Rising incomes and low interest rates have generated tremendous demand for housing across the country.
Calgary city council cut business property taxes by 11 per cent.
Total employment increased by 17.3 per cent in the GTA, 9.7 per cent in Ottawa and 1.9 per cent in the rest of the province.
Divergences between expected inflation and actual inflation contribute to economic inefficiencies that harm economic growth.
Importers of large quantities of chicken, cheese and butter are compelled to pay taxes exceeding 200 per cent.
Alberta’s per-person government debt has eclipsed $10,000 this year.
Chronic deficits through good times and bad have led to a roughly $70 billion erosion of the province’s financial assets.
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