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Parking levy should be considered as part of wider review of new revenue tools, Toronto mayor says

Summary by Ground News
Mayor John Tory wants staff to take a closer look at a potential tax on commercial parking spaces as part of a wider assessment of new revenue tools. The request comes as the city stares down a nearly $1 billion shortfall in its 2023 budget, largely due to the COVID-19 pandemic. The provincial City of Toronto Act currently makes a number of revenue tools available to the city.

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Parking levy should be considered as part of wider review of new revenue tools, Toronto mayor says

Mayor John Tory wants staff to take a closer look at a potential tax on commercial parking spaces as part of as wider assessment of new revenue tools that could help the city address some of its fiscal challenges.

·Toronto, Canada
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CP24 broke the news in Toronto, Canada on Thursday, February 2, 2023.
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