City Council approves plan for a tax on vacant homes in Toronto

TORONTO, ON., Dec. 17, 2020 — Toronto City Council announced today that it has approved an implementation plan to introduce a new tax on vacant Toronto homes starting in 2022. The City says the aim of this vacant home is to increase housing availability by encouraging homeowners to sell or rent their unoccupied home – … Continue reading City Council approves plan for a tax on vacant homes in Toronto