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Tag Archives: rob ford

Proposal to Increase Toronto’s Condo Development Fees by 90%

Many home-buyers feel as if the proposal to increase Toronto’s condo development fee is absurd; some developers even believe doubling charges would be “insane”. Regardless of opinion, condo-buyers can expect permit values to rise to $23,000 for a two-bedroom — $12,400 above current rates — if Toronto’s executive committee adopts the proposal. Since Toronto’s condo development fees are the lowest …

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Rob Ford Asks Realtors to Support Land Transfer Tax Reductions

According to Mayor Rob Ford, our city councillors are addicted to the money Toronto’s land transfer tax generates. During the course of a 17-minute speech, Ford requested the help of Toronto realtors in reducing the city’s land transfer tax by 10%. This first step towards eliminating land transfer tax all together is an important political move for Ford, as this is an …

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