4.25% Tax Increase! WTF Is Council Thinking?
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A story in CollingwoodToday says the latest draft of the town budget puts a 4.25% increase on property taxes for 2024! WTF is council thinking, adding more costs to residents during a period of high inflation? People are already struggling with rising costs for food, electricity (the Saunderson-privatized EPCOR got a 5.23% rate hike this fall*), gas (vehicle and natural), water, clothing, mortgages, transit, lumber, vehicles, and just about everything else. A property tax hike this size will send our already-steep rental prices soaring even more. This will be a huge burden to the most vulnerable residents: those working low-income jobs, ……… click below for more ↓