Torontonians will know more today about the possible taxes and fees available to city council in its quest to address its financial challenges.
In February, former mayor John Tory asked city staff to study an array of new taxes and fees to help address the city’s finances. He’d hoped the study could help the city tackle annual deficits made worse by the COVID-19 pandemic.
The city says it will hold a media briefing this morning with city manager Paul Johnson and interim chief financial officer Stephen Conforti on its updated long-term financial plan. The briefing is scheduled for 10:30 a.m. ET.
Mayor Olivia Chow is expected
