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A Foreign Homebuyer Tax is Just One Option for Tackling Toronto’s Rising Home Prices

Councillor Jim Karygiannis thinks a foreign buyer tax could be a solution to Toronto’s rising housing prices.

Councillor Jim Karygiannis (Ward 39, Scarborough-Agincourt) has reiterated his support for taxing foreign homebuyers on properties they buy in the GTA. Karygiannis said Thursday he is sending a letter to Ontario Premier Kathleen Wynne asking her to implement a five per cent foreign buyers tax.



中新社多伦多12月15日电 (记者 徐长安)当地时间12月15日,加拿大最大城市多伦多的市议会通过动议,承认南京大屠杀,并对大屠杀的死难者表示悼念。

这项由市议员詹嘉礼(Jim Karygiannis)于12月5日提出的动议,得到了华裔市议员黄慧文(Kristyn Wong-Tam)的附议。该议案在当地时间12月14日进行了审议和投票。当天投票得到了到会的2/3的市议员同意。

Councillor Jim Karygiannis (Ward 39, Scarborough-Agincourt) said his reaction to Tory’s road tolls was: “Are you crazy?”

Gardiner, DVP road tolls an ‘idea whose time has come,’ councillors say

But critics say Tory’s plan to have non-residents pay their ‘fair share’ doesn’t go far enough to address budget shortfall.

Toronto Star November 24,2016 Jennifer Pagliaro

Tolling the Gardiner Expressway and Don Valley Parkway is an idea “whose time has come,” those at city hall say.

Mayor John Tory is expected to endorse the idea of a $2 toll at a lunchtime speech at the Toronto Region Board of Trade on Thursday following the release of reports from city staff on tolls and other options to raise badly needed revenues.