The City of Toronto - like every other city in the country - should NOT be allowed to levy its own Land Transfer Tax. A stronger provincial government would rectify this. Ultimately, this will lead to marginally more expensive housing for everyone in Toronto. Congrats @fordnation!

Matt Elliott
@GraphicMatt
Mayor Olivia Chow's increase to the land transfer tax charged on homes sold for more than $3 million is APPROVED by council, 17-7.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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