Olivia Chow pledges to keep property taxes near inflation
Toronto property tax plan keeps hikes near inflation as Chow seeks re-election See how her budget strategy, credit gains, and funding shape Toronto's race
Toronto Mayor Olivia Chow is promising to keep property tax increases close to the inflation rate as she seeks reelection. Her campaign says the approach reflects efforts to stabilize the city’s finances after years of pressure on the budget.
The pledge comes as Chow faces criticism from rival campaign staff, who argue voters should be cautious about her tax promises. Bradford’s team said they plan to outline their own affordability approach later in the campaign.
Chow’s campaign points to a smaller property tax increase in 2026, along with improvements in Toronto’s credit rating and funding secured from other levels of government. The race for Toronto mayor includes 53 candidates, with early polling showing Chow and Coun. Brad Bradford as leading contenders.